Government urged to rethink 'pot follows member' idea to fix burgeoning number of lost pensions
Lane Clark and Peacock (LCP) has urged the government to “look again” at the idea of ‘pot follows member’ to fix the burgeoning number of small pension pots getting lost.
The consultant suggested this idea offers the best prospect of solution to the small pension pot problem. This comes after Department for Work and Pensions select committee chairman and MP Stephen Timms...
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Around 240,000 pension savers may have lost more than £14bn to fraud
More than 240,600 savers have lost an estimated £14.6bn of pension savings to fraudsters, but a further £2.5trn remains potentially accessible to criminals, The People’s Pension (TPP) says.
CMI: Second wave excess deaths hit 5,000
Another week-on-week increase in the number of deaths with Covid-19 mentioned on the death certificate has brought total excess deaths since the beginning of the second wave to 5,000.
Smart launches retirement product
Smart has launched a retirement product in a bid to help guide members and bridge the advice gap.
Have your say: Should trustees be held accountable for the security of data and assets in the event of a cyber attack?
In this week's Pensions Buzz, we want to know if you agree that trustees be held accountable for the security of data and assets in the event of a cyber attack.
PP Monthly Digest: November 2020
Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.
