More than a quarter of providers believe they have no duty to tell customers about their retirement options, because the sole responsibility rests with advisers, research suggests.
On the issue of disclosure, 27% of pension providers washed their hands of communicating information to customers, according to the survey by Dunstan Thomas. For pre-retirement communication the belief...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.