NAPF

The NAPF says retirees with £50,000 or less are unable to access advice and often get poor outcomes – but IFAs tell a different story …

Solvency II will force all remaining defined benefit (DB) pension schemes to close and could lead to significant job losses as UK companies fold, lobby groups have warned.

In this week's Retirement Planner quick fire poll we ask: NAPF has proposed the government create a nationalised annuity brokerage system to ensure retirees use the OMO. Do you think government intervention would be a good thing?

Pensions minister Steve Webb has revealed the government will consult this year on how to create a "third option" for pensions beyond defined benefit (DB) and defined contribution (DC) structures.

The Association of British Insurers (ABI) must force pension providers to push retirees towards specialist annuity advice, the National Association of Pension Funds (NAPF) has said.

The National Association of Pension Funds (NAPF) has proposed a nationalised brokerage system to help retirees get the best annuity rate and reform the current "toxic system".

Revisions to the regulations governing automatic enrolment have been released following the conclusion of a Department for Work and Pensions consultation.

Pensions minister Steve Webb has said the government is "absolutely prepared" to cap private pension fund management charges if they hinder saving.

Retirement Planner's round up of the top pensions stories of the week.

Ministers and pension scheme representatives will meet every fortnight over the next three months to plan funding in UK infrastructure.