The Pension Protection fund will charge the fraud compensation levy for the second consecutive year for 2011/12 after anticipating an increase in future claims.
The lifeboat fund will also increase the levy payment to 25p per scheme member. It said the increase was necessary as a result of being informed of activities in respect of a number of eligible schemes...
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
A nationwide survey of committee and local pension board members of the Local Government Pension Scheme has revealed high levels of confidence in all areas of their responsibility.
UK inflation unexpectedly rose to 2.7% in August, beating analysts' expectations of a drop to 2.4% from 2.5% the previous month.