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Royal London’s Steve Webb says the Government was right to resist calls for default decumulation retirement pathways.
Protecting consumers from unscrupulous scammers and conmen has been a priority for the financial services industry for some time.
Pension deductions from pay will treble for more than four million employees from today.
The Department for Work and Pensions has re-appointed Mark Boyle for a second three year term as non-executive chair of The Pensions Regulator.
The government has decided to put on the back burner any change to the auto-enrolment charge cap and will keep it at 0.75%.
Pensions Minister Guy Opperman confirmed today that the Pensions Dashboard will go ahead despite slow progress and doubts in some quarters.
In August, HM Treasury and the Department for Work & Pensions finally released their response to the ‘Pension Scams’ consultation.
Guy Opperman MP has been appointed as the new Parliamentary Under Secretary for Pensions and Financial Inclusion.
Baroness Ros Altmann has accused the Government of complacency after it published proposed changes to workplace Defined Benefit pensions.
The Department for Work and Pensions has launched a Green Paper to consult on significant proposed changes to workplace Defined Benefit pensions which cover 11m people.
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