occupational pensions

TRUST|Pensions, which provides a master trust for automatic enrolment workplace pensions, is to offer optional group life cover from Canada Life's Simply CLASS service.

Liberal Democrat MP Steve Webb, who has served as pensions minister for the last five years, has lost his parliamentary seat.

Following the proposals for a pensions commission, Royal London has called for its overview to be expanded to cover all aspects of retirement and long-term care planning.

Retirement solutions should have the flexibility to provide both decent pensions and meet long-term care costs if necessary, the Association of Consulting Actuaries says.