THOUSANDS of people will be deterred from joining the National Pension Savings Scheme if the Association of British Insurers' alternative model is adopted, unions believe.
The TUC claimed that the organisation’s response to the White Paper on pension reform fails low and average paid workers. The ABI suggested that default savings should be allocated randomly between...
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