Buzz respondents were split fairly evenly between two of the options proposed by the government for a cap on charges in auto-enrolment (AE) scheme, and leaving well alone.
The most popular option was a simple 0.75% cap, followed by the ‘comply or explain' option, where employers would have to justify choosing a scheme with charges above this level. Almost as many respondents...
This week's top stories included an article on how the government will have to justify proposed changes to the state pension age after a Prospect petition secured over 12,000 signatures.
Smart Pension failed to report the fact it had not collected or invested nearly £900,000 of pension contributions on behalf of its members, an investigation by The Pensions Regulator (TPR) has found.
The Pension Scams Industry Group (PSIG) has updated its voluntary code of practice in a bid to help prevent members falling victim to evolving pension scams.
The government has rejected the Work and Pensions Committee proposal to introduce a 'default decumulation pathway' at retirement.