MORE than 1000 scheme wind-up victims instantly became eligible for increased payments from the Financial Assistance Scheme when the government removed the "de minimus rule".
The rule, which was dropped in the Budget, prevented people entitled to payments of less than £10 per week claiming the money. And pensions reform minister James Purnell – answering a parliamentary...
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.