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Consolidation, the Mansion House reforms and automatic enrolment (AE) are key priorities for the pensions minister as he deals with the plethora of issues taking up the “bandwidth” of trustees.
On 14 December, the draft Occupational Pension Schemes (Collective Money Purchase Schemes) (Amendment) Regulations 2023 were laid before Parliament.
The government should end the cycle of “short-term thinking” and the politicising of pensions policy with the introduction of a long-term savings commission for defined contribution (DC) savers, an industry report has found.
Collective defined contribution (CDC) – a new approach to providing pensions – has got lots of attention in the UK pension industry recently, particularly in the Mansion House reforms.
As per the Social Security and Medicare Boards of Trustees, Social Security benefits are expected to be payable in full on a timely basis until 2034 -- when the trust fund reserves are projected to...