On the go: The Pensions Regulator is demanding that four hundred pension schemes review their data urgently within six months as part of a crackdown on poor record-keeping, with tough sanctions for non-compliance.
Latest articles from Stephanie Hawthorne
On the go: The Pensions Regulator is demanding that four hundred pension schemes review their data urgently within six months as part of a crackdown on poor record-keeping, with tough sanctions for non-compliance.
On the go: The Pensions Ombudsman has upheld a complaint against Hampshire County Council and the Hampshire Pension Fund involving a transferring member who fell victim to a scam.
On the go: Rothesay Life has agreed the largest buyout ever undertaken in the UK, with £4.7bn of assets and liabilities transferring to it from the GEC 1972 plan.
On the go: Following the collapse of Thomas Cook, the chair of the Work and Pensions Committee Frank Field MP has probed the chair of the airline’s pension scheme trustee board on several issues.
On the go: The Pension Protection Fund has raised the levy it charges employers sponsoring defined benefit schemes, as worsening underfunding and declining gilt yields take their toll on the sector.
On the go: Retirees are withdrawing funds from their pension pots at unsustainable levels, according to the Financial Conduct Authority’s latest retirement data bulletin published today.
On the go: The Money and Pensions Service has named 10 steering group members to represent consumers, fintech, financial services, and the pensions sector to drive forward delivery of the pensions dashboard.
On the go: Life expectancy in the UK has resumed its gradual increase after appearing to flatline last year, according to the Office for National Statistics.
On the go: Workplace savers may be missing out on opportunities for better returns if their pension schemes avoid venture capital, a report published on Wednesday has claimed.
On the go: Inadvertent action by an employer or pension scheme to compensate scheme members for inequalities in guaranteed minimum pensions could invalidate longstanding protection from onerous tax burdens, landing wealthy pensioners with tax bills of hundreds of thousands of pounds.
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