Hannah Brenton looks at the murky world of pension ‘liberation' companies that prey on scheme members in desperate need of cash - and what schemes can do to stop them.
‘Withdraw Your Pension NOW,’ booms an online advertisement, ‘You can’t sell your UK Pension early BUT you can transfer to cash FAST.’ Through website promotions, cold-calls and adverts like the one...
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The local government pension pools for the South West and Midlands are actively hiring senior managers to lead and develop the innovative structures.
There is no reason to be pessimistic about the pensions challenge confronting the nation says former Bank of England governor, Lord Mervyn King.
17 providers already involved