From time to time trustees may find one of their advisers has made a mistake. Claire Carroll and Richard Bacon highlight the key issues that need to be considered if you are considering legal action.
It shouldn't happen, but it does: trustees revisit advice they received in the past, scrutinise the provisions of their scheme, or review member payments, and realise that an adviser has made a mistake....
Geoff Egerton looks at how the criminal sanctions regime will impact the pensions industry
Government proposals to employ a charge cap smoothing mechanism in a bid to incentivise defined contribution (DC) pension scheme investment in illiquid assets could have the opposite effect, says the Society of Pension Professionals (SPP).
Three people have appeared in court in connection with an investigation into pension fraud totalling nearly £14m.
Plans to increase the normal minimum pension age (NMPA) to 57 should be annulled, or transitional protections removed, amid “scant evidence” to support the decision, says Quilter.
The trustees of the BT Pension Scheme, Ford Pension Schemes, and the Marks and Spencer Pension Scheme have confirmed they will seek a judicial review of the decision to replace the Retail Prices Index (RPI) from 2030.