The Department for Work and Pensions has today launched a consultation on draft legislation needed to extend Collective Defined Contribution (CDC) pension schemes.

Auto enrolment should be extended and made more flexible while employers should offer short-term savings schemes to workers, according to a new report.

The first Collective Defined Contribution (CDC) pension scheme has been launched today, more than two years after the schemes were given the green light in the UK.

Chancellor Rachel Reeves has stepped back from plans to introduce a flat rate of tax relief, according to newspaper reports.

The Investment Association has set out a series of recommendations it hopes will ensure that reforms undertaken as part of the Government’s Pension Review deliver better retirement outcomes and support economic growth.