There is an eight month backlog to process guaranteed minimum pension (GMP) data at HM Revenue and Customs (HMRC) according to Hymans Robertson.
The firm sent data from a client to HMRC but received a notification on 22 November which reveals the pressure the department is under. HMRC told Hymans Robertson files being submitted via the GMP...
Con Keating says it is time for a different approach to defined benefit pensions but questions how easy this would be to achieve.
Robert Gardner says it is time for the industry to step up on financial education
The Pension Protection Fund's (PPF) decision to appoint an administrator for British Home Stores (BHS) independent of Sir Philip Green has been "vindicated" says Frank Field.
The British Steel scheme's trustee board has turned down Edmund Truell's proposal to save the fund, calling it an unviable plan that would expose members to "unacceptable risk".