The European parliament has backed a report calling on the UK government to compensate victims of Equitable Life's near collapse seven years ago.
The parliament adopted the report in an attempt to prevent Europeans from losing their savings in the future and to sustain a healthy pensions and insurance market. The recommendations call for the...
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