The Pensions Regulator is to be given new powers to authorise and de-authorise multi-employer 'master trust' pension schemes as part of new legislation published by the UK government.
The UK government has cancelled its plan to allow consumers to sell on the income they were due to receive under an annuity in exchange for a cash payment, citing consumer protection issues.
Future changes to the state pension age (SPA) must be "underpinned" by "effective communications", in order for people to be able to plan effectively for their retirement, according to the chair of a government-commissioned review.
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