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In this week's Retirement Planner quick fire poll we ask: NAPF has proposed the government create a nationalised annuity brokerage system to ensure retirees use the OMO. Do you think government intervention would be a good thing?
Pensions minister Steve Webb has revealed the government will consult this year on how to create a “third option” for pensions beyond defined benefit (DB) and defined contribution (DC) structures.
The Association of British Insurers (ABI) must force pension providers to push retirees towards specialist annuity advice, the National Association of Pension Funds (NAPF) has said.
Other NAPF articles
The National Association of Pension Funds (NAPF) has proposed a nationalised brokerage system to help retirees get the best annuity rate and reform the current “toxic system”.
Revisions to the regulations governing automatic enrolment have been released following the conclusion of a Department for Work and Pensions consultation.
Pensions minister Steve Webb has said the government is "absolutely prepared" to cap private pension fund management charges if they hinder saving.
Retirement Planner's round up of the top pensions stories of the week.
Ministers and pension scheme representatives will meet every fortnight over the next three months to plan funding in UK infrastructure.
MPs have questioned the role of the National Employment Savings Trust (NEST) since other master trust pension schemes have entered the market.
The Chancellor has confirmed he will unlock £20bn of pension fund assets to invest in private infrastructure in a bid to “overhaul the physical infrastructure of our nation”.
Plans to introduce a code of conduct forcing pension fund management fees to be disclosed to savers in a simple "pounds and pence" format may actually end up costing lower-paid members more, industry figures have warned.
The new chair of the National Association of Pension Funds (NAPF) has called for a new breed of pensions called super trusts.
The National Association of Pension Funds (NAPF) will publish a list of pension legislation it thinks should be scrapped in the new year.
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