The reasons cited by members for accepting an enhanced transfer value offer should be a cause of alarm, an expert says.
The top reasons for transferring revealed in KPMG’s Enhanced Transfer Value Survey last week were the desire for greater flexibility when buying an annuity and concerns about employer solvency. However,...
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