Pension liberation fraudsters are targeting savers following the overhaul of defined contribution (DC) announced in this year's Budget, JLT executive Margaret Snowdon says.
Snowdon, who leads the Pension Liberation Industry Group, told PP liberators are using the radical reform of retirement income to legitimise offers of early access to cash. She said: "People are being...
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.
The lifetime allowance will rise to £1,054,800 from April next year as the Office for National Statistics (ONS) recorded inflation at 2.4% in the year to September.
The national procurement frameworks for the Local Government Pension Scheme (LGPS) has been expanded to include member data services.
The government is seeking ways to ensure "parity" of compensation treatment between Financial Assistance Scheme (FAS) members from solvent and insolvent schemes.