The Treasury is taking action after finding that transfers at trust-based schemes for when people assess the pension freedoms take significantly longer than those at contract-based schemes. Stephanie Baxter looks at the details.
At a glance Average transfer times take 2.5 times longer at trust-based schemes Trust-based schemes will have to report on transfer performance Electronic transfer services could help...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.