The Pensions Ombudsman (PO) has ordered the trustees of the Capita Oak Scheme to grant a cash equivalent transfer value to a member trying to leave the plan.
However, the ombudsman admitted it made its direction "without any great confidence" that it would be complied with immediately. This comes after BBC Radio 4's You & Yours programme spoke to people...
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).