There was standing room only by the time the Trial of the Century session at the Pensions and Benefits Show began. Three consultants stood in a mock-trial to be judged by the audience.
Representing the actuarial profession was Aon Hewitt Partner Paul McGlone. Answering for administration was Barnett Waddingham partner Paul Latimer. Defending investment consultants was Xafinity investment...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter