Pension schemes could be expected to set out exactly how they meet The Pensions Regulators principles for good scheme design and governance, or explain why they do not, in a move to steer employers away from poor value auto-enrolment schemes.
People nearing retirement are under-estimating how long they will live and are either overly optimistic or have no idea how much the retirement income will be, according to research published by the Institute for Fiscal Studies today.
The Commons environment, food and rural affairs committee has called for clear answers from the government about how it plans to ensure properties at risk of flooding can secure insurance in the future.
A code of conduct that aims to enable employers to choose the best pension for their staff by encouraging pension providers to clearly disclose the charges and investment costs associated with their schemes has been launched today.
More than two thirds of people plan to remain in a workplace pension scheme once they are automatically enrolled into it, according to research published by the Department for Work and Pensions yesterday.