THE powers of the pensions ombudsman could become far more flexible following a Court of Appeal ruling, a lawyer says.
The case ruled the financial ombudsman service need not follow the law; he must merely take account of it when determining what is fair and reasonable. Pinsent Masons pensions group senior associate Simon...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.