Industry experts have given a mixed welcome to the latest FCA Consultation Paper CP26/1 on the Value for Money framework which will see DC pension scheme members given value for money performance information on a regular basis.
Most workplace pension industry experts have welcomed the government's new Pension Schemes Bill, published today, which the DWP says will improve the pension savings of 20m workers.
New calculations from pension provider Aegon reveal that it would cost £250,000 to buy a lifetime guaranteed income to match the current state pension payout.
Page 1 of 2
