pension reform

The government looks set to implement a radical shake-up of the state pension system, with the abolition of means testing and the introduction of a universal state pension of £140 a week.

The state pension could be lifted to a £140 per week payment with no means testing, according to new proposals.

Reaction to changes to pension tax relief rules has been fast and furious. We've picked the best...

At long last, the Government appears to have listened to the pensions industry but some niggling doubts remain about how its plans will work in practice.

Hargreaves Lansdown forecasts the government will cap pension tax relief at between 20% and 40% ahead of the Treasury's policy announcement on Thursday.

The government will today switch the inflation benchmark for pensions and benefits from RPI to CPI, potentially shaving millions off investors' savings.

Lowering the annual pension contribution allowance to £40,000 could persuade some middle-management public servants to take up career average schemes to avoid harsh tax penalties, pensions expert Tom McPhail says.

Advisers have likened public sector pensions to 'Ponzi' schemes and say reform is long overdue.

Pensions experts have spoken out in support of Lord Hutton's key proposals to reform public sector pensions.

The government's proposals to remove the age-75 annuitisation rule and simplify income drawdown are a step in the right direction but still "missing a big opportunity", Skandia says.