Restrictions on the National Employment Savings Trust (NEST) will be removed to allow it to "focus on its target group without any distraction", says pensions minister Steve Webb.
In a written ministerial statement Webb said the measure would be announced later today in the government's response to its call for evidence on the impact of the contribution cap and transfer ban imposed...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.