Legal & General's (L&G) workplace platform assets under administration (AUA) rose to £7.9bn after a net-inflow of £400m, its Q3 update shows.
The net inflow between July and September matches that in the same period during 2012. L&G's platform now has 720,000 customers, an increase of 115,000 over the quarter. The insurer said opt-outs from...
This week's top stories included an article on how the government will have to justify proposed changes to the state pension age after a Prospect petition secured over 12,000 signatures.
Smart Pension failed to report the fact it had not collected or invested nearly £900,000 of pension contributions on behalf of its members, an investigation by The Pensions Regulator (TPR) has found.
The Pension Scams Industry Group (PSIG) has updated its voluntary code of practice in a bid to help prevent members falling victim to evolving pension scams.
The government has rejected the Work and Pensions Committee proposal to introduce a 'default decumulation pathway' at retirement.