Prospect's pensions officers blog about the issues that exercise their minds.
The UK Government introduced a new state pension for people reaching state pension age from 6 April 2016. But its attempts to “improve people’s understanding of their state pension have had limited success so far” according to a recent report from the National Audit Office.
The Lifetime ISA was something of a rabbit pulled from a hat by George Osborne in what turned out to be the last Budget speech he delivered in March 2016.
A pensions blog written back in June before the Referendum in June, outlined some possible ramifications for defined benefit pension schemes if there was a vote to leave the EU.
Last week I wrote about increasing the cap on compensation from the Pension Protection Fund.
The Pension Protection Fund (the PPF) was established under the Pensions Act 2004 to provide compensation to members of defined benefit pension schemes facing a shortfall in their pension as a result of the insolvency of the sponsoring employer and there being insufficient assets in the scheme to pay the...