The Department for Work and Pensions has said it will "continue to work swiftly" to bring in a cold-calling ban, but commentators have warned more needs to be done to protect vulnerable savers.
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The Department for Work and Pensions has said it will "continue to work swiftly" to bring in a cold-calling ban, but commentators have warned more needs to be done to protect vulnerable savers.
More than 1m employers have now enrolled their staff into a workplace pension, according to figures compiled by the Pensions Regulator.
Model defined benefit transfer values dropped to £231,000 at the end of January 2018, from £236,000 at the close of December 2017.
The Pensions Ombudsman is investigating a group of over 150 complaints surrounding transfer values relating to the British Steel Pension Scheme. It will soon carry out another investigation over member complaints about early retirement factors.
The Pensions Regulator and the Financial Conduct Authority are to develop a joint regulatory strategy for the pensions sector, identifying and addressing the key risks for the industry over the next five to 10 years.
Trinity Mirror has announced the proposed acquisition of Northern & Shell's publishing assets for a total purchase price of £126.7m. The buyer has agreed measures to support its acquisition’s pension schemes.
A round-up of the pensions news stories published across the FT Group in the past week, from the role of South Africa's Public Investment Corporation in a bid to save a platinum producer, to bad news for millennials if the triple lock is scrapped.
A bus company and its managing director have admitted to trying to deliberately avoid giving their employees workplace pensions, and now must pay more than £60,000.
Four trustees of the Pakistan International Airlines Retirement and Death Benefits Plan have been fined £500 each for failing to get accounts audited on time for two years in a row.
The government is seeking to address concerns over working conditions in the so-called 'gig economy' by giving workers more protections and greater clarity around their rights, but has failed to address the issue of pension saving among the self-employed, according to industry commentators.
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