The Pension Income Choice Association has further expanded its management board with the appointment of Fidelity Investment Manager's UK managing director, Gary Shaughnessy.
The association, which is lobbying government to make the open market option compulsory is made up of a management board comprising Living Time, LV=, MGM Advantage, Partnership and Bluefin Group. Shaughnessy...
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