People retiring this year need a pension fund of at least £130,000 to make up the average income of £12,500, as increased longevity means their money has to last longer, claims Prudential.
Apart from A-Day, there is a high degree of likelihood the acronym NPSS will make its way into the public conciousness.
A new e-learning programme for pension scheme trustees has been launched by the Pensions Regulator.
The National Pension Savings Scheme (NPSS) carries too much investment risk for the lower paid employees it is meant to be helping, claims the Association of Consulting Actuaries (ACA).
PENSIONS campaigners were yesterday gearing up for battle as it emerged the government planned to fight recommendations it should pay compensation for lost pensions, reports The Times .
The Government should help improve education in the workplace and encourage auto-enrolment instead of focusing on the administration of a National Pensions Savings Scheme (NPSS), claims research from Winterthur Life.
The Investment Management Association (IMA) are supporting proposals for a National Pensions Savings Scheme (NPSS), instead of submitting an alternative model.
"Partnership Pensions" is the Association of British Insurers' (ABI) alternative to the National Pension Savings Scheme (NPSS) which they are submitting to the Government today.
The Conservatives and the Liberal Democrats have attacked the government for giving out mixed messages over the role of advice in pensions.
The Association of British Insurers (ABI) has admitted the costs of the National Pension Savings Scheme (NPSS) or any alternative can only be reduced by removing the need for large upfront commissions paid to advisers.