UK - The number of Pension Credit recipients went up by 110,000 people in February, figures from the department for work and pensions show.
The overall amount has now risen to 2.73m individuals across the country since it was first introduced in October.
Work and pensions secretary Andrew Smith said: “People up and down the country are claiming the money and help that they are entitled to. There is no doubt that Pension Credit is playing a crucial role in rewarding people who have saved for retirement and in lifting pensioners out of poverty.”
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.