Collective defined contribution has been causing a stir among employers and group schemes? What do advisers need to know about this new type of pension?
Andrew Tully takes a look at the implications of the recent Budget for the industry.
In this week's Retirement Planner news round-up we highlight five key stories you might have missed over the past seven days.
Steve Webb has hit out at Labour's plan to lower the auto-enrolment threshold, saying it would leave low earners with a pension of less than £2 a week at retirement.
Financial guidance on offer to all retirees from next April as part of the Budget's pension changes could be delivered in groups, Steve Webb has said.
Pensions minister Steve Webb has dismissed concerns that retirement freedoms announced in the Budget do not work alongside the government's collective defined contribution (CDC) plans.
The guidance guarantee will fuel demand for independent advice and will be a "huge opportunity" for advisers, pensions minister Steve Webb has said.
Steve Webb has repeated his call to scrap the lifetime allowance on pension saving and introduce a flat-rate tax relief of 30% on contributions.
Sweeping statements: Why Steve Webb 'should be more careful'
Pensions minister Steve Webb is keen to see 30% tax relief on pensions and the end of the lifetime allowance. What would this mean if implemented? Fiona Murphy takes a closer look.