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The government has said it is unlikely to lift a ban on transfers into and out of NEST or remove the cap on contributions, after the Work and Pensions Committee recommended it do both "as a matter of urgency".
Quantitative easing (QE) has been an “unmitigated disaster” for anyone about to retire or people who have just bought an annuity, a pensions expert has said.
Royal London saw a 10% decline in new life and pensions business in the first quarter, citing difficult market conditions.
Other News - Pensions articles
Hundreds of thousands of public sector workers are expected to join a 24-hour strike on Thursday against proposed pension changes.
The Pensions Regulator (TPR) has moved to relax rules governing some UK pension schemes as low gilt yields are leaving hundreds underfunded.
The UK savings crisis can be partly attributed to the lack of any government-led savings policy, a report by the Institute of Directors (IoD) argues.
Tube workers have called a 72-hour strike over inclusion in Transport for London’s (TfL's) pension fund and travel benefits scheme.
Most IFAs would reduce fees for clients with pension pots worth less than £50,000, research suggests.
Royal London Asset Management has been appointed to run a bond mandate for the National Employment Savings Trust (NEST).
Widespread errors in government estimates of life expectancy could end up costing taxpayers billions, the International Monetary Fund (IMF) has warned.
The government is assessing new types of pension scheme designed to even out the risks between employer and employee following the closure of many final salary pensions by private firms.
In what was possibly the most-leaked Budget in history, Osborne today confirmed a number of expected measures, including a cut in the top rate of income tax and moves to avoid the child benefit "cliff edge".
Insolvency practitioner Probitas has been instructed to begin winding up pension specialist Rockingham Independent.
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