Quantitative easing has no proven effect on annuity rates, pensions minister Steve Webb claims.
The minister's comments came after the Treasury Select Committee called for the government to compensate pensioners who it said have lost out due to the Bank of England's policy (PP Online 18 April). ...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.