Stephanie Baxter finds that most DC savers have no idea what they will do with their pots next April but those cashing out could give Treasury £1.6bn tax windfall
Since this year's Budget there has been much speculation over how defined contribution (DC) members will react to the "freedom and choice" they will be presented with in April. An absence of hard figures...
The Financial Conduct Authority (FCA) has fined Standard Life Assurance (SLA) nearly £31m after its practices led to conflicts of interest and SLA employees putting their financial needs above those of the firm's customers.
The government has launched a consultation on amending the contribution rules of the NHS Pension Scheme in a bid to mitigate the possibility of members hitting tax allowances.
Aviva has seen a 50% year-on-year increase in the number of enquiries from pension schemes that use investment and administration on separate platforms seeking to move to a bundled provider.
This week's Pensions Buzz respondents were unsure whether Guy Opperman will stay in post as pensions and financial inclusion minister under the new Prime Minister.