U.K. Plans Lifetime Pension Income As Default For 17 Million Private-Sector Workers

Why Labour's surprise pension plan could hand you an income for life

Workplace pensions are in for a huge shake-up that will change the way pensioners are paid each year under the plans for a so-called 'guided retirement'.

DWP unveils pension shake-up that could give 17million workers an income for life

DWP unveils pension shake-up that could give 17million workers an income for life . Millions of private sector workers could be offered a new way to stop their pension savings running out during retirement

DWP announces major pension change to benefit 17 million workers

The new measures have been described by industry experts as a "major moment" for workplace pension savers.

U.K. Plans Lifetime Pension Income As Default For 17 Million Private-Sector Workers

Britain to make lifetime retirement income the default for private pensions