Investment

The government has been urged to consider merging The Pensions Regulator (TPR) and Financial Services Authority (FSA) after a National Audit Office (NAO) report condemned the current system of DC regulation.

The Pensions Regulator (TPR) should monitor all defined contribution (DC) pension schemes - whether they are trust or contact based, a lobby group says.

Some 70% of advisers plan to use an external solution to help meet auto-enrolment technology requirements, Staffcare research reveals.

A Conservative MP and close ally of the Prime Minister will today call for pensioner benefits to be means tested.

Mutual life and pensions company Royal London has announced the management team for its intermediary propositions, following the appointment of Hugh McKee as chief executive last month.

The over 65s are worse off than younger retirees and face an average income drop of 24%, according to Primetime Retirement.

In fewer than eight years there will be just one million defined benefit savers in the UK, while defined contribution schemes will cover 16 million workers, the Pensions Policy Institute predicts.

Pension tax treatment is "hard to justify" and could generate the necessary revenue for long-term care reform according to research.

Pensioners' incomes have grown faster since 1999 than those of working age people, the Institute for Fiscal Studies (IFS) has said.

HM Revenue & Customs (HMRC) has issued guidance confirming salary sacrifice pension schemes will be able to meet automatic enrolment requirements.