Confidence in defined contribution (DC)pensions has fallen so low that the majority of workers would choose an inferior financial reward over a 10% boost to their employer contribution, research has found.
The Pensions Regulator (TPR) has inadequate processes in place to measure performance, a National Audit Office (NAO) report has found.
The removal of restrictions on protected rights brings both increased flexibility and risk to the annuity advice market.
Andy Zanelli takes us through the key issues surrounding the abolition of protected rights