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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Schemes and their administrators have rightly received much praise for ensuring that pensions have continued to be paid in full and on time during an unprecedented period of disruption.
London Borough of Hammersmith and Fulham to transfer pensions administration services following review
The London Borough of Hammersmith and Fulham is looking to transfer its pensions administration service to a new provider towards the end of 2021, following an independent review.
PRAG updates guidance on cybercrime protection as 43 pension organisations report breaches to ICO over past two years
The Pensions Research Accountants Group (PRAG) has published updated guidance to help trustees protect their schemes from cybercrime.
Government launches GMP indexation consultation
The government has launched a consultation seeking views on its proposals on how it will continue to provide full indexation of public service pensions, including any GMP element.
Diligenta: Modernising and transforming administration
Professional Pensions spoke to Diligenta chief executive Daniel Praveen as part of an exclusive series of interviews with some of the finalists and winners of the UK Pensions Awards. This is what he had to say…
