Failing to keep an accurate record of member data can have expensive consequences on wind-up in spite of legislation in place to protect trustees, a lawyer warns.
SNR Denton senior associate Rebecca McKay said trustees should place a high premium on record-keeping to ensure they do not lose track of members who can make viable claims on assets after a wind-up or...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.