Pension funds could be caught in the "side-winds" of new EU legislation that "ramps up the pressure" on data protection, lawyers warn.
The European Commission announced proposals yesterday to enhance data compliance protection throughout Europe which would include organisations being required to gain explicit consent for processing personal...
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.