WORKERS want choice when deciding who administers their personal account under a new National Pension Savings Scheme, claims the Association of British Insurers.
A survey of more than 2400 people by the body found the vast majority would prefer their account be handled by private sector professionals rather than a government-run system, with 80pc gunning for choice...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers