A Private Pensions Bill, introducing collective defined contribution schemes to the UK, was the centrepiece of todays Queens speech, the last before the general election.
More than £1.3bn of bogus insurance claims were detected in 2013 according to figures published today by the Association of British Insurers, with claims car insurance making up the majority of this amount.
A future Labour government would extend auto-enrolment to more than 1 million lower earners by reducing the threshold for inclusion in workplace pension schemes by nearly half, shadow work and pensions secretary Rachel Reeves has announced.
Almost a fifth of small- and medium-sized employers in the financial services and property sectors plan to contribute more than the legal minimum into their employees auto-enrolment pension, a poll by Now Pensions has found.
The Pensions Institute has claimed that as much as 85% of transaction costs in some investment funds are being hidden from investors, and called on all asset managers to reveal their full expenses.
Insurance brokers have been told by regulators that they must improve the management of conflicts of interests when dealing with small business clients.
The protection market is in need of reform and the government and insurance industry to work together to ensure customers get the information they need, Aviva has said.
The government has been urged not to block the transfer of pension funds from defined benefit schemes to defined contribution for members who have not yet retired
Local Government Pension Scheme reforms must deliver sustainable and affordable pensions in the long term, the National Association of Pension Funds has said.
