AROUND two-thirds of pension schemes have not carried out an independent assessment of their sponsor's covenant, research has found.
And Lane Clark & Peacock’s Prudence Index revealed that only half of schemes which had gone through a valuation under the new scheme funding regime, had commissioned an independent review of the covenant....
Most people think it is right that savers take responsibility to protect from pension scams.
More than 100,000 savers face being landed with huge tax bills following tiny uplifts to their pension, a Freedom of Information (FOI) reply has revealed.
Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'