All State pension articles – Page 8
-
News
Govt admits its pension forecasts have ‘significant’ inaccuracies
Pensions minister Guy Opperman was forced to admit “significant” problems with inaccurate state pension forecasting on Tuesday, raising fears hundreds of thousands of pensioners could be paid less than forecast.
-
News
UK retirees in the EU could see their state pension frozen, warns Altmann
On the go: Hundreds of thousands of UK citizens who have retired to the EU could lose out on state pension increases if there is a no deal Brexit, former pensions minister Ros Altmann has warned.
-
News
Falling healthy life expectancy for women pours fuel on SPA debate
On the go: Latest data on healthy life expectancy, published by the Office for National Statistics, have poured fuel on an already blazing debate about the recently increased age at which women can access their state pension.
-
Opinion
DC Debate Q4: A pensions policy wishlist
After many years of tinkering, many in the pensions industry pray for no news and stability in the Department for Work and Pensions’ policy announcements. But what changes could benefit savers, rather than the taxman? Five defined contribution experts discuss.
-
News
UK employees set to work until they drop
On the go: The number of “early retirees” is at a 23-year low, according to latest employment figures from the Office for National Statistics, signalling that despite vestiges of ageism the older worker is in the ascendant.
-
OpinionDelayed dashboard the answer to UK’s small pots problem
The government risks the UK’s existing problem with small pension pots worsening if it does not produce a feasibility report on the pensions dashboard soon, writes Aegon’s Kate Smith.
-
OpinionPensions at the party political conferences
Aegon’s Kate Smith explores the pensions policies hidden in the three main parties’ agendas, and explains why Brexit pressures mean few of them are likely to see the light of day.
-
OpinionWho pays for the pension shortfall?
From the blog: The gold-plated pensions generation owes it to the next to create an equitable and sustainable way of providing for income in retirement.
-
News
Lower rises in life expectancy are no longer a blip
The recent slowdown in life expectancy rises has settled into a general trend, according to new data.
-
OpinionThe pensions industry risks betraying Generation X
Pensions policy has the unenviable task of providing for the needs of current retirees without unfairly burdening younger generations. Luckily, solutions do exist, writes Colin Wilson of the Institute and Faculty of Actuaries.
-
News
DWP publishes four-year plan
The Department for Work and Pensions has has ruled out ditching the triple lock and has pledged to continue providing means-tested pension credit, as it set out its objectives for the next four years.
-
News
Four priorities for McVey's DWP
The Department for Work and Pensions got its fifth boss in less than two years on Monday evening, with Theresa May’s Cabinet reshuffle replacing David Gauke with Esther McVey as secretary of state responsible for the department.
-
News
TPR gets stronger, the government weaker: Top 5 law and regulation stories from 2017
Year in review: If the UK government’s all-consuming struggle to strike a beneficial Brexit deal can bring any relief to pensions professionals, it is that departments have not had time for the pensions tinkering so despised by the industry.
-
News
UK has lowest net replacement rates of average earners in OECD
A new report has highlighted markedly low replacement rates for UK savers amid increasing pensioner poverty due to ill health, emphasising the importance of increased saving into private pensions.
-
OpinionLessons from abroad for averting a pensions crisis
From the blog: The idyllic view of retirees relaxing in comfortable surroundings at home or on holiday with apparently little financial worry is one often portrayed; but it is increasingly becoming an aspiration impossible to realise for the majority of people.
-
News
A million older workers fall into unemployment trap
An “unemployment trap” preventing older people from finding jobs requires a rethink of pensions and benefits policy, a new report claimed on Tuesday, as state pension age increases threaten to harm those left out of the labour market.
-
OpinionWe can make pensions both affordable and adequate
Pensions Expert 20th Anniversary: Governments need to strike a balance between affordability and adequacy if they are to avoid problems in the future, says the International Longevity Centre’s Brian Beach.
-
News
Industry push to increase pensions engagement
With Pension Awareness Day fast approaching, experts explain how employers and a positive approach to retirement saving and communications can help.
-
News
Government must clarify minimum pension age plans, say experts
HM Treasury has been urged to clarify its plans for increasing the age at which savers can access pension freedoms, after it accelerated the rate at which the state pension age will increase in July.
-
Features
What do the ONS labour stats tell us?
Analysis: Record numbers of older workers have come as little surprise to economists, but what will it mean for other generations, and might the broad trends hide potential pitfalls for pensions policy?