The House of Lords has amended the upcoming Pension Schemes Bill to introduce a lifeboat fund for failing master trusts. James Phillips asks if this is a good idea
The Pension Schemes Bill, introduced in October, is aimed at bringing in new protections for master trust members after years of the sector being fairly unregulated. However, the House of Lords felt...
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.