Latest articles from Amy Austin

Lords looks to mandate guidance on pension transfers

News On the Go

On the go: An amendment to the pension schemes bill could see savers forced to obtain guidance before they are allowed to proceed with a pension transfer.

Regulator finds lack of consistency in IGCs

News On the Go

On the go: The Financial Conduct Authority is concerned about a lack of consistency in the way independent governance committees operate, which means that members of some workplace pension schemes may not be receiving value for money.

ABI revives call for flat rate pension tax relief

News On the Go

On the go: The Association of British Insurers has urged the government to simplify the pension tax relief system, arguing it worsens existing inequalities in its current form.

Workplace pension saving on the increase

News On the Go

On the go: Auto-enrolment is proving to be a success as a record number of individuals saved into a workplace pension last year, according to the latest data.

Maps prioritises dashboards delivery

News On the Go

On the go: The Money and Pensions Service is increasing its focus on pensions dashboards as a way to deliver for customers, according to its new business plan.

DWP directs savers to unofficial pension tracing website

News On the Go

On the go: The Department for Work and Pensions has been wrongly directing savers searching for their lost pension pots to a website linked to an independent financial adviser company rather than the government’s official service.

Scottish Widows calls for AE-funded hardship fund

News On the Go

On the go: Scottish Widows is calling for the introduction of a single lifetime savings pot that would be funded through an extension of automatic enrolment, but with higher contribution levels. 

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.