The Pensions Ombudsman has ordered Abbey Life to pay almost £10,000 to a member for failing to inform her that she had a guaranteed annuity rate (GAR).
A think tank looks to Australia and the USA for clues about how flexible retirement could pan out in the UK. Rebecca Shahoud reports.
Former pensions minister Steve Webb believes the money put into Pension wise would have been better spent giving retirees vouchers for financial advice.
Five people arrested on Tuesday on suspicion of fraud relating to auto-enrolment have been bailed pending further inquiries.
The Financial Reporting Council (FRC) is proposing changes to FRS102 in response to concerns that the revised UK accounting standard is not cost effective.
Pension schemes must review their contracts with investment managers to identify issues that could put trustees' fiduciary duties at risk, according to Squire Patton Boggs.
Six people have been arrested today, following allegations of fraud relating to automatic enrolment.
Taxpayers, the state and retirees have an uncertain future because of the ‘freedom and choice' policy introduced in April, according to research.
How TPR is helping schemes meet its governance targets