UK - Conservatives accused the government of misleading the pensions industry over the number of people receiving means-tested benefits.
Conservative work and pensions spokesman David Willetts said that the government claimed “hundreds of thousands of extra pensioners” were receiving the benefits.
But Willetts claimed the government had masked the fact that more than £5bn of benefits was failing to reach “some of the poorest people in the country”.
Work and pensions secretary Andrew Smith dismissed Willetts’ claims and pointed out that more than 170,000 extra pensioner families were receiving the minimum income guarantee than at the beginning of 2000.
Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.
The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.
There is just one week left to register to enter the Workplace Savings and Benefits Awards 2018.
Nearly a third (32%) of employers believe new technologies, such as augmented and virtual reality, will play a part in benefits communications, latest research from Aon Employee Benefits reveals.