THE GOVERNMENT has not provided any justification for increasing the administration levy for the Pension Protection Fund, respondents to a consultation say.
The PPF has published the responses it received to its consultation on the amendment to the Draft Occupational Pension Schemes (Levies) Regulations 2007, which proposed a hike in the levy charged to run...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.