Tom McPhail

The pensions industry must work together to establish an efficient and consistent transfer method or risk having a poorer version inflicted upon it by the regulator, Tom McPhail has said.

The government's latest Pensions Bill will be laid before parliament today but the timing for the introduction of defined ambition (DA) pensions couldn't be worse, Tom McPhail has said.

Helen Morrissey talks to Hargreaves Lansdown's head of pensions Tom McPhail about the challenges facing the retirement income market and how the Pensions Income Choice Association is trying to meet them.

Legal & General (L&G) is "demanding" the government lowers a pension charge cap to 0.5%, but one expert says imposing a cap simply pushes costs elsewhere and would leave hundreds of thousands of businesses "to pick up the bill".

Advisers are being invited to sign up to a free-to-view public directory which aims to connect pre-retirees with brokers to help them secure a better pension income.

The planned pension charge cap should be reduced to 0.5% and extended to all funds, not just those used for auto-enrolment, according to Which?

A calculator to help bosses work out how much their employees are paying in workplace pension charges has been launched by the Association of British Insurers (ABI).

Membership of private pensions has hit a new low, according to the Office for National Statistics.

Despite consumers feeling more confidence about available annuity options the vast majority are still not getting the best product and rate in retirement, Association of British Insurers (ABI) research has found.

The pensions industry needs a single regulator or gaps in scheme governance will harm savers, MPs have said.