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...
David Hutchins looks at the recent FCA interim market study and asks better value can be delivered to members.
PP research finds disagreement on whether transfers to SSASs are the problem and should be barred.
Aon Hewitt, Mercer and Willis Towers Watson have joined forces in calling for measures to tackle transparency and competition issues raised by the Financial Conduct Authority (FCA).
This week's top stories included coverage of the DWP's much-anticipated green paper on defined benefit (DB) regulation, and ARC Pensions Law's plans to open a Leeds office.