Scheme wind-up victims are seeking a second judicial review over the department for work and pensions' failure to provide proper compensation.
The Pensions Action Group claims the extension to the Financial Assistance Scheme does not comply with February’s High Court judicial review against work and pensions secretary John Hutton. And it says...
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