Pensions and financial inclusion minister Guy Opperman has issued a fresh warning over new tax year pension scams.

Just one quarter of defined benefit (DB) members are confident about making decisions at retirement, according to research by Hymans Robertson.

A high proportion of savers are not taking an interest in their pension, which could have a “disproportionate impact” on women whose lower value pensions make them “more vulnerable to poor choices”, according to the Financial Conduct Authority (FCA)....

The Pension Protection Fund (PPF) has confirmed its fraud compensation fund (FCF) needs to raise a levy of 75p per member, and 30p for master trusts in 2021/2022 — the maximum allowed under current regulations.

The Pensions Scams Industry Group (PSIG) has published version 2.2 of its code of good practice on combating pension scams.

Professional Pensions rounds up some of the latest ESG and climate news from across the industry.

Legal & General Investment Management’s (LGIM) defined contribution (DC) pensions business has set out its framework to reach net zero across all auto-enrolment (AE) default investment options and the L&G Master Trust by 2050.

The government has confirmed it will discount GMP conversion as a long-term policy solution for public service pension schemes and make full GMP indexation the permanent solution.

Sackers has published its fifth ESG and climate change guide to help pension scheme trustees understand and respond to the latest regulatory requirements including the Task Force on Climate-related Financial Disclosures (TCFD).

The Work and Pensions Committee (WPC) has urged the government and regulators to “act quickly and decisively” to protect pension savers from scams.