THE PENSION Protection Fund has published compensation cap factors allowing for the increase in the level of the cap due to increases in earnings.
The revised factors – allowed under the Pensions Act 2005 – should be used for all determinations of PPF compensation where the cap is to be assessed at a date on or after April 1 2007 – or, for section...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.