The consequences of auto-enrolment and the implementation of the Retail Distribution Review will significantly increase the workloads of pension professionals, a survey suggests.
Data from the Pensions Management Institute found 50% of respondents thought auto-enrolment would change the nature of their work and that 70% would need assistance to cope with upcoming implementation...
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.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.