Fidelity has extended its defined contribution (DC) platform to give customers access to incoming retirement flexibilities but warned that operational capability alone will not ensure the policy is successful.
From April the firm's retirement service, launched last July, will allow DC and retail retirees to take cash from their pot, buy an annuity, or go into drawdown through its self-invested personal pension....
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers