THE TOP 100 UK civil servants have an average pension pot of £963,500, research shows.
The TaxPayers’ Alliance report ”The Hundred Club: Whitehall Pensions” revealed the average pensions bill for each department almost £7m. The survey of 14 major Whitehall departments, including 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