CLAIMS that taxpayers will have to pick up the bill for the £10bn shortfall in public sector pensions have been dismissed by the Treasury.
The Tories said the 2007 [ital] Public Expenditure Statistical Analyses [ital] shows employee and employer contributions will total £19bn – leaving a £10bn “black hole”. The Conservatives said 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