The government has “no plans” to review its decision regarding the secondary annuity market, HM Treasury economic secretary John Glen has said.
Responding to a parliamentary question from Conservative MP Craig Mackinlay, who asked whether the Chancellor of the Exchequer plans to “extend to the annuity market the freedom that people have to access their pensions”, Glen rejected the need to review the already scrapped proposal
Just one in 10 pensioners admit to overspending in retirement since the launch of pension freedoms, Prudential has found
The Pension and Lifetime Savings Association’s director of external affairs Graham Vidler is to depart after four years in the role
HM Revenue and Customs could assist the self-employed with pension savings through the tax return system, Royal London director of policy Steve Webb has said.
Speaking at the Pensions Management Institute’s Pensions Aspects Live conference, today 19 April 2018, the former Pensions Minister emphasised that the “big disappointment” of the auto-enrolment review was the lack of consideration over pension saving for the self-employed, women and low earners