Category: Pensions

Solving the corporate pensions conundrum

Author: webeditor

John Towner from Legal & General speaks to Business Reporter about the challenges facing defined benefit pension schemes and the options for companies and trustees.

Triple lock state pension safeguard ‘under threat’

Author: webeditor

The triple lock safeguard on state pensions could be under threat after 2020, it has been suggested. The mechanism guarantees that the state pension rises by a certain level – which means it increases annually by the highest of average... Read more

13 million could face pension shortfall, figures show

Author: webeditor

More than 13 million workers across Britain could be heading for a shortfall in the amount of pension they need for an adequate income, according to analysis. The Pensions and Lifetime Savings Association (PLSA), which released the findings, said minimum... Read more

Triple-lock pension safeguard ‘inherently unsustainable’

Author: webeditor

The triple-lock safeguard on state pensions is “inherently unsustainable” and should be scrapped, according to a report from MPs. The Commons Work and Pensions Committee said the triple-lock will worsen an economy which is already heavily “skewed” towards baby boomers... Read more