Here it is. The full list of nine options for DB members breaching their annual allowance limits after today's changes.
Many thanks to Aon Hewitt for providing the informtation table: 1. Do nothing Explanation: Let members pay the tax charge (possibly via scheme pays) or opt out of the scheme if they want...
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