UK EMPLOYEES over-claim on their expenses by more than £1bn a year, a new study shows. But three-quarters of workers use their own money to cover work-related expenses.
Research by Travelodge found 22pc of workers – equivalent to more than six million people – admitted to claiming more money from their employer than they had spent. The company surveyed 4000 workers...
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