Latest articles from Amy Austin

DB transfer market shows signs of recovery

News On the Go

On the go: The defined benefit transfer market is showing signs of recovery and is expected to grow further in the coming months, after a sharp decline in inquiries due to the Covid-19 crisis.

Pension bodies join forces to address Covid-19 concerns

News On the Go

On the go: Seven UK regulators and authorities have teamed up to create a guide to address savers’ most common pension concerns throughout the coronavirus crisis.

Regulator warns on alternative funds for DC self-select

News On the Go

On the go: The Pensions Regulator has warned trustees of defined contribution schemes to check they are not “unintentionally breaching” pension legislation when moving member contributions to alternative funds.

True scale of pension scams unknown, says PPI

News On the Go

On the go: The “true scale” of pension scams remains unknown, as only a minority are reported and data is not collected in comparable ways across the industry, the Pensions Policy Institute has warned.

Regulator warns trustees to prioritise pension switches

News On the Go

On the go: The Pensions Regulator has urged trustees to prioritise pension switches and ensure they are completed in good time, in an attempt to ensure savers do not miss out during the Covid-19 pandemic.

Govt could scrap pensions triple lock to reduce virus debt

News On the Go

On the go: The pensions triple lock could be scrapped in the near future as the government looks to recoup the hundreds of billions of pounds it has spent on Covid-19 support.

Aviva launches online scam reporting service

News On the Go

On the go: Aviva has launched an online scam reporting service in response to the influx of fraudulent activity by those exploiting the coronavirus crisis and people’s vulnerability at this time.

Moving house causing savers to lose £19.4bn in pensions

News On the Go

On the go: There are about 1.6m pension pots worth £19.4bn that are going unclaimed due to savers failing to contact their pension provider when they move house, according to the Association of British Insurers.

Pensions Regulator names new auto-enrolment director

News On the Go

On the go: The Pensions Regulator has appointed Mel Charles as director of automatic enrolment, following the departure of Darren Ryder earlier this year.

Govt extends scheme pays deadline for NHS workers

News On the Go

On the go: The government has extended the National Health Service scheme pays deadline by three months to stop workers being hit by unexpected tax bills as a result of the tapered annual allowance.