Latest articles from Sonia Rach

Grime artist Big Zuu encourages pension talk

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On the go: Grime artist and TV cook Big Zuu has produced a song and accompanying video calling on people to ‘Pay your pension some attention’, as part of a wider campaign. 

Nine in 10 DB transfers receive scam warning in July

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On the go: Around 94 per cent of defined benefit transfers registered as having one or more scam warning signs, according to XPS Pensions Group.

Providers take action to prevent reduced pension contributions

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Providers have started to take action as more individuals move to reduce pension contributions as a result of the cost of living crisis.

LCP urges caution before consolidating pension pots

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On the go: Deciding whether to consolidate pension pots “is not a no-brainer”, consultancy LCP has warned, as it set out the advantages and disadvantages of consolidation in a new report.

Royal London profits slump due to market volatility

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Royal London has posted a pre-tax loss of £228mn for the first half of the year due to falls in equity and bond markets.

MPs call NHS pensions ‘national scandal’ as doctors forced to leave

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On the go: The Health and Social Care Committee has called NHS pension arrangements “a national scandal” as senior doctors are being forced to reduce their hours or stop work entirely.

Scam warnings on DB transfers reach all-time high

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On the go: The number of scam warnings on defined benefit transfers is at an all-time high, despite a downward trend in transfer activity, XPS Pensions has said.

Opperman: Employers should provide ‘rainy-day fund’ to keep staff

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Pensions minister Guy Opperman has argued there is a need for employers to have a savings product offering, in addition to a pensions package, as a means of retaining staff. 

Rise in number of DB schemes appointing advisers to continue

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On the go: A growing number of defined benefit pension schemes are offering new benefits to members such as appointing a financial advice company, according to consultancy LCP.

Four in five DB transfer requests raise scam warning

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On the go: Four in five (83 per cent) defined benefit transfer requests have raised one or more warning flags, according to XPS Pensions Group.