Citizens Advice: pension exit fees cap good news for consumers
Citizens Advice has welcomed news that the Treasury will legislate to cap pension early exit charges levied on savers using pension freedoms.
The news was announced yesterday by Chancellor George Osborne after it was found some 700,000 people who are eligible face some sort of early exit charge. The Financial Conduct Authority (FCA) will...
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HSBC increases AUM on DB pensions risk platform
HSBC will increase its assets under management on Moody’s Analytics’ defined benefit (DB) software platform, expanding its use from six to 15 countries.
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The GMP Equalisation Working Group has published further good practice guidance covering the tax issues relating to the equalisation of GMPs.
USS signs five-year contract extension with Capita Pensions
Capita Pensions has signed a five-year contract extension with the £66.5bn Universities Superannuation Scheme (USS) to continue to deliver the fund’s pension system and administration support.
