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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Mercer urges government and HMRC to clarify GMP equalisation guidance
The government must work with HM Revenue and Customs (HMRC) and the wider industry to clarify GMP equalisation uncertainties, Mercer says.
LGPS funds see increase in claims over historic transfers
Around two-thirds (77%) of Local Government Pension Scheme (LGPS) funds have received a claim relating to historic transfers over the past 12 months, according to Eversheds.
DWP urged to give pension funds a stronger steer on dashboard data
Schemes need more certainty over the data they will have to provide for dashboards, as the minister is expected to take a heavier stance in 2021, experts say.
Pension scheme cyber risk - the key challenges and who is responsible
The Institute and Faculty of Actuaries' Patrick Kelliher and Vanessa Jaeger look at the key cyber risks faced by pension schemes, who is responsible for managing these risks, and how these risks may be managed.
Partner Insight: What is the cost of getting future-fit when it comes to pension technology?
The UK pensions sector is in dire need of a technology revolution – and there are plenty of forces at play to push and pull the industry into the 21st century.
