Ongoing Financial Services Authority investigations into poor pension switching advice are expected to result in firms paying out more than £150m in redress to customers.
The watchdog’s report – Quality of advice on pension switching, published this month – summarised the findings from its thematic review of pension-switching advice, also providing examples of the good,...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers