Pensioners groups are uniting in London to urge the coalition government against switching the pensions indexation to the consumer price index, as it will push millions into poverty.
The emergency budget announced the government will use CPI instead of RPI from April 2011. As CPI inflation rates are consistently below RPI rates, millions of pensioners will see a long-term decline...
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