Code sets objectives expectations for final salary schemes
Draft regulations expected to be enforced from August alongside TPR CDC code
People should get early access to some of their pension pot to make saving more attractive to younger workers, an actuarial group has said.
The government must make it simpler to transfer long-term savings such as pensions to children and other descendents, the Association of Consulting Actuaries (ACA) said.
Most small firms fail to keep pace with necessary increases in employer pension contributions, the Association of Consulting Actuaries (ACA) says.
Just over half of small firms support auto-enrolment but 53% say it will "add significantly to costs", the ACA says.
Just under half of UK employers will level-down their pension schemes in order to meet the cost of auto-enrolment, a survey from the ACA suggests.
Planning retirement income is no longer just a case of choosing a product. Athole Smith discusses the importance of taking a holistic view
The Association of Consulting Actuaries (ACA) has appointed Keith Barton FIA as its new chairman, effective from 1 June 2008.
The Government should allow employers to offer conditionally indexed pension schemes, says the Association of Consulting Actuaries (ACA).