PENSIONS Action Group campaigner Ros Altmann has held talks with Government Actuary Andrew Young over ways to boost payouts to scheme wind-up victims.
Altmann says the talks – part of Young’s on-going assets review – convinced her there was money to boost the Financial Assistance Scheme but she said it was “up to the government to use it properly”. ...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.