Almost one in eight calls to Fidelity's Retirement Service in October was from people enquiring about how to use their defined benefit (DB) pots following the April pension freedoms.
The proportion of calls that related to DB benefits doubled from September, from 6% of all calls to 12% in October. Fidelity International head of retirement Richard Parkin said there has been a "significant...
Only one third of defined benefit (DB) schemes lengthened their recovery plan end dates in 2019, according to research by Hymans Robertson.
Hargreaves Lansdown has been named as the slowest provider to switch pensions through the Origo transfer service.
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).