JLT Wealth Management has confirmed it is suspending defined benefit transfer exercises after the Financial Services Authority issued new guidance on how transfer values are to be calculated.
Managing director Karen McCaffrey (pictured) said the firm believed the move was in the best interest of their clients. She said: "In light of the FSA's announcement and the change to assumptions around...
With rumours once again swirling around the future of pensions tax relief in the run up to this year's Budget, any reduced incentive for long-term savers could risk further exacerbating the generational divide in pensions, says Tom Selby
Trustees are set to have an increased duty of care to ensure employees and members make informed choices when accessing their pension, according to Wealth At Work.
The Family Building Society’s 250-member defined benefit (DB) scheme has transferred into TPT Retirement Solutions’ master trust, DB Complete.
A second employer has been appointed to stabilise the National Institute of Agricultural Botany (NIAB) pension scheme after intervention from The Pensions Regulator (TPR) when trustees failed to agree a valuation in 2015.