Danish pension fund and administration provider ATP has pulled out of the running for the personal accounts administration contract, PADA has confirmed.
The Personal Accounts Delivery Authority said Arbejdsmarkedet Tillaegspension (ATP) had withdrawn because "providing services for personal accounts does not fit with their commercial model". A PADA...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.