All State pension articles
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OpinionIFoA: Why the state pension age review needs nuance and flexibility
Iain McLellan, deputy chair of the Pensions Board of the Institute and Faculty of Actuaries, looks at the profession’s response to the recent call for evidence as part of the state pension age review.
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NewsLCP calls for radical rethink of state pension age amid fiscal pressures
LCP’s Stuart McDonald and Steve Webb have set out a proposal that would link the state pension age to life expectancy while protecting those with shorter life expectancies.
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NewsMore ‘humane’ approach to pensions inheritance tax rules needed
The House of Lords Economic Affairs Committee is conducting an inquiry into the draft Finance Bill, including the proposed changes to the IHT treatment of unused pension funds.
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NewsLabour MPs turn on government over lack of WASPI compensation
Representatives of WASPI – Women Against State Pension Inequality – received support from around 100 MPs from multiple parties ahead of a legal challenge set to be heard in December.
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NewsChanging state pension age does not tackle wider retirement concerns, SPP warns
The SPP warns that relying solely on raising the state pension age implies that it could increase to 75 or beyond in the coming decades, which would “present significant political and social difficulties and would fundamentally alter retirement expectations”.
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NewsRaising the state pension age a complex issue, conference hears
Pensions UK Annual Conference: Raising the state pension age would be a tricky ask, and the ongoing review will likely have to consider wider societal issues such as health and productivity issues.
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NewsSix key challenges for the revived Pensions Commission
Aon has warned that the government’s revived Pensions Commission will face major structural hurdles if it hopes to deliver meaningful reform to the UK’s pension system.
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OpinionFabian Society: To ‘finish the job’, address remaining injustices for low earners
In this instalment of Pensions Expert’s ‘Dear Pensions Commission’ series, the Fabian Society’s Sasjkia Otto outlines what her research shows about what future pensioners need.
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NewsUnemployed women hit hardest by rise in state pension age, IFS warns
Weekly income fell by £81 for women who were out of work in their 50s compared with a £42 drop for women who were working during that age.
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NewsCould a funded state pension ‘megafund’ help boost UK growth?
A new report from think tank The Purposeful Company calls for the creation of a £100bn funded state pension to solve affordability issues and back UK businesses.
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OpinionMargaret Snowdon: A once-in-a-generation opportunity to reshape retirement saving
In the third instalment of Pensions Expert’s ‘Dear Pension Commission’ series, Retirement Income Taskforce chair Margaret Snowdon outlines her ideas for changing the state pension, auto-enrolment, and contribution rates to better serve more people.
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NewsState pension review launches with government seeking views on sustainability
The Department for Work and Pensions (DWP) has called for input to the state pension age review being conducted by Suzy Morrissey.
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NewsWhat the Pensions Commission will do – and what it won’t
The government has set out the terms of reference for the Pensions Commission, but also omitted several areas as being “out of scope” – which has led one former pensions minister to warn that the commission has “one arm tied behind its back”.
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NewsPPI’s Suzy Morrissey to lead state pension age review work
The government has launched its latest statutory review of the state pension age, which is due to rise to 68 by the 2040s.
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OpinionThe Friday Takeaway: DWP prepares some light holiday reading
Pensions Expert editor Nick Reeve looks forward (again) to a momentous week for the UK pensions sector.
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NewsIFS recommends state pension and auto-enrolment changes to boost adequacy
Recommendations from the IFS’s two-and-a-half-year research project could boost private savings by £11bn a year and help improve pension outcomes, the institute says.
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NewsPensions adequacy hangs in the balance
Hargreaves Lansdown worked with Oxford Economics to assess how pension adequacy is currently measured and how each measure works for different groups.
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NewsSpring Statement: All quiet on the pensions front – but state pension concerns loom large
While the Spring Statement brought no new developments for the pension sector, the UK’s fragile economic and fiscal situation means the state pension is under increasing scrutiny, as Pensions Expert explores.
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NewsScrap triple lock to soften welfare cuts blow, says think tank
The Social Market Foundation has called for the chancellor to consider moving from a triple lock to a double lock on the state pension, removing the 2.5% floor currently in place.
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NewsWork and Pensions Committee demands answers on WASPI compensation
The Work and Pensions Committee chair Debbie Abrahams has written to the Work and Pensions Secretary asking for more information about the government’s decision not to compensate women who were affected by the rise in the state pension age.