The Department for Work and Pensions has outlined how it will phase individuals with rights under the current state pension system into the new universal system in a white paper.
The paper says each individual's current National Insurance record will be used to determine a single "foundation amount" on which their new entitlement will be based. As a safeguard, the DWP will check...
Willis Towers Watson's LifeSight is the first master trust to be granted authorisation by The Pensions Regulator (TPR).
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.