Defined benefit scheme sponsors must be cautious about moving members who work beyond the normal retirement age into defined contribution schemes, a lawyer warns.
Freshfield Bruckhaus Deringer senior associate Sarah Swift said employers and trustees need to think carefully about the benefits provided to members who work beyond a scheme’s normal retirement age because...
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