The Department for Work and Pensions has confirmed when employers must pay pension contributions for workers on maternity leave after confusion over the law.
Pregnant women are entitled to statutory maternity leave, which consists of 26 weeks ordinary maternity leave and 26 weeks additional maternity leave. Statutory maternity pay is 90% of the woman's average...
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