ABI calls on MPs to put savers first in the Pension Schemes Bill
Rob Yuille said: “It’s an exciting time for pensions and there is much to celebrate in the government’s Pension Schemes Bill. But it does also need careful scrutiny."
Pensions UK welcomes Pension Schemes Bill but warns against investment powers
Zoe Alexander said: “The best way of ensuring good returns for members is for investments to be undertaken on a voluntary, not mandatory basis.”
PensionBee calls for inclusive pension reform as Government debates Bill
The company said too many workers are still missing out, especially those in part-time, lower-paid, and gig economy jobs.
Workers could see £29,000 boost under Pension Schemes Bill, Government finds
The Bill, which returns to Parliament today for its second reading, proposes sweeping reforms intended to simplify the pensions landscape, reduce costs, and deliver better returns for savers.
TPR urges trustees to prepare for sweeping charges in pension schemes bill
Patrick Coyne said: "I urge trustees to look now at how they are outcome-focused, building scale, are data-led and supporting savers into retirement.”
TPR welcomes ‘once in a generation’ Bill to improve pension outcomes
Nausicaa Delfas also welcomed the Government’s ‘Workplace Pensions - a roadmap’ document, calling it a strategy for a futureproofed private pensions system.
Government sets £25bn minimum for pensions ‘megafunds’
Any schemes that fall short will have to merge, with ministers claiming bigger funds could add £6,000 to the average pension at retirement.
Government launches pension pot consolidator to boost retirement savings by £1,000
Unveiled today, Thursday 24th April, by Pensions Minister Torsten Bell, the initiative will introduce a small pensions pot consolidator as part of the upcoming Pension Schemes Bill.
