The government's free Pension Tracing Service (PTS) will triple its staff number to 49 after experiencing an upsurge in demand last year.
It saw total contacts rise by a third to 144,169 in 2014 with 87% of cases resolved, compared to 93,975 enquiries and a success rate of 88% in 2013. Announced by the Department for Work and Pensions...
This week's edition of Professional Pensions is out now
MPs failed to place legislation into the Financial Guidance and Claims bill that would have made pension guidance default, which Just Group director Stephen Lowe said left a "bitter taste".
Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
Institutional investor confidence in Europe rose by 8.9 points in April with each region showing growing appetite for risk, according to State Street Global Exchange.