Jane Matthews
NewsBSPS redress scheme comes into effect
On the go: The Financial Conduct Authority’s redress scheme for members of the British Steel Pension Scheme launched on February 28.
NewsRegulators fear savers will make ‘wrong decision’ with pensions info
On the go: The Financial Conduct Authority and the Pensions Regulator are worried that giving savers information about how their pension schemes are performing may lead to them making “the wrong decision”.
NewsGovt refuses to commit to increase auto-enrolment contributions
The government has refused to commit to increasing minimum auto-enrolment contributions, despite acknowledging that the current statutory contribution of 8 per cent is “unlikely to give all individuals the retirement to which they aspire”.
NewsGovernment retains state pension triple lock
On the go: Chancellor Jeremy Hunt has confirmed that the pensions triple lock is to be protected.
NewsLabour ‘should bring in workplace pension for self-employed’
On the go: A future Labour government should look to establish a workplace pension for self-employed workers, a centre-left think tank has said.
NewsHSBC adverts banned after greenwashing complaints
On the go: In the first ruling of its kind, the UK’s advertising watchdog has banned a series of sustainability focused advertisements from HSBC bank because of their misleading environmental claims.
NewsPLSA pension reforms ‘could add £4,000 to retirement income’
The Pensions and Lifetime Savings Association has warned that without reform of the pensions system, more than half of savers will fail to meet the retirement income targets set by the Pensions Commission in 2005.
NewsTPR to prosecute former trustees and adviser over pension loans
On the go: The Pensions Regulator is to prosecute two trustees and an adviser for their alleged role in making loans from a pension scheme.
NewsProviders causing difficulties for savers accessing pensions
On the go: A survey of 2,153 members of consumer group Which? who accessed one or more of their pension pots in the past 24 months found that inflexible pension providers are creating difficulties for savers.
NewsNearly half of lowest-income retirees are single women
On the go: Nearly half of retired households in the lowest-income group are made up of women living alone, official figures have shown.
NewsConsumer pension fears at 10-year high
On the go: As people grapple with the cost of living crisis, Google searches for “pension help” have reached a 10-year high.
NewsOne-third of savers worry about lost pension funds
On the go: One in three pension savers are worried they have built up funds they have lost or forgotten about after changing jobs.
NewsState pension age increase doubles poverty rates for over-65s
On the go: The rise in the state pension age from 65 to 66 has doubled poverty rates for the age group, resulting in over-65s losing state pension income worth around £142 a week in 2020-21.
NewsDWP to consider remedies after pension mispayments
On the go: The Department for Work and Pensions has said it is investigating remedies after millions of people have received the wrong pension for decades due to government IT failures.