Industry experts welcome ‘blockbuster’ Pension Schemes Bill.

Industry experts welcome ‘blockbuster’ Pension Schemes Bill.
Potential cuts are ‘firmly on the agenda’, former pensions minister Steve Webb warns.
Six in every hundred state pensioners are being underpaid.
Annual data shows that the number of affordable homes being started in London last year was the second lowest on record.
The forthcoming Pension Schemes Bill is set to be a ‘blockbuster’, with measures affecting everything from the largest DB schemes to micro DC pots created through automatic...
The move is set to boost retirement savings for the average worker by around £1,000 and save businesses £225 million a year in unnecessary admin costs.
Sebastian Murphy, group director at JLM Mortgage Services, explores how competitive pricing, a real shift in affordability, and government-backed measures are creating opportunities...
However, the OBR has upgraded its forecasts for the following years.
The government is aiming to build 1.5 million new homes this parliament.
Major regulators will also have their legal duties slimmed down.