Members should be forced to use the annuity open market option to stop providers from "shameless profiteering", an adviser believes.
Hargreaves Lansdown said about half of retirees are failing to use the OMO to get the best deal on annuities, with many providers benefiting from business rolling over from pension schemes straight into...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.