pensions

Personal accounts could lead to 80% of employer pension schemes reducing their contributions for new employees and those not yet in their existing scheme.

The government may not have the option of withdrawing a person's right to hold an alternatively-secured pension as doing so could risk prosecution for religious discrimination.

A default annuity option could be added to personal accounts as the government is switching its focus onto the decumulation phase of the retirement income system.

The Association of Consulting Actuaries says its members favour a scheme-specific method of calculating pension transfer values, ignoring the option developed by the Actuarial Profession.

The Conservative Party has issued a revised statement of its aims and values which, while confirming cutting taxes won't be a top priority, neither it seems is pensions.

Despite recent coverage of proposed pension reforms, over two million workers believe the state will provide an adequate pension, says B&CE Benefit Schemes.

Two modules on scheme funding for trustees of defined benefit schemes have been added to the ‘Trustee Toolkit'.

Over 400 customer service and support staff in Belfast will transfer to Capita when it takes over sales and administration services for Prudential UK's life and pensions range.

Guidance on how to implement arrangements for member-nominated trustees and directors has been published by the Pensions Regulator.

Saga has joined the campaign to restore pensions for up to 125,000 workers who lost out when their companies collapsed.