Latest articles from Amy Austin

Govt moves to include pensions in dormant assets scheme

On the go: Pensions will be included in the government’s extension of the dormant assets scheme, despite previous concerns that life savings should be excluded due to “significant changes” in recent years.

Rodda replaces Dromey as shadow pensions minister in reshuffle

On the go: Matt Rodda, Labour MP for Reading East, has been appointed shadow pensions minister as part of a frontbench reshuffle.

L&G launches service to track lost pension pots

On the go: Legal & General has introduced a service to help people track down lost or forgotten pension pots, as well as consolidate them. 

Unsuspecting schemes to pay DB transfer top-ups

On the go: Schemes that thought they might be unaffected by a recent court ruling could still owe savers more than £500 each in top-up payments on their defined benefit transfers, analysis has found.

Court of Appeal gives green light to Pru annuity sale

On the go: The Court of Appeal has overturned a High Court ruling that blocked the transfer of £12bn of annuities from Prudential, now M&G, to Rothesay Life.

Advisers could help trustees with GMP past transfers

On the go: Advisers have been urged to proactively check whether their clients could be entitled to a top-up payment on their defined benefit transfer, which could help trustees in tracking down members affected by the latest guaranteed minimum pensions ruling.

Surge in AE non-compliance during pandemic

On the go: The number of warnings issued to employers for failing to pay pension contributions for staff has increased by almost 200 per cent between July and September, the Pensions Regulator has said.

MPs reject proposal to make schemes carbon neutral by 2050

On the go: MPs have rejected a measure that would see UK pension schemes being compelled to be carbon neutral by 2050, as it would lead to “negative outcomes”.

Dominic Chappell jailed for tax evasion

On the go: Dominic Chappell, the former owner of BHS, has been sentenced to six years in jail for tax evasion.

Stephen Timms calls for annual guidance checks

On the go: Stephen Timms, chair of the Work and Pensions Committee, has submitted an amendment to the pension schemes bill that would see savers near retirement contacted each year until a guidance appointment has been made.