The Pensions Ombudsman (PO) Tony King has ordered Prudential to provide a transfer request to a member wishing to move his funds into a newly-created pension scheme.
King found that although the complainant Mark Harrison had no statutory right to transfer, the contractual rules of the personal pension allowed for the movement of his funds. He has directed Prudential...
A former energy and climate change secretary has said that by continuing to invest in fossil fuel firms, pension schemes are just making the climate change crisis even worse.
The Royal Mail Defined Benefit Cash Balance Scheme (DBCBS) has ended its first full-year with a £9m actuarial surplus, the company says.
The Salvus Master Trust has launched a mobile app for members after employers revealed they wanted their members to have more access to online tools.
A rise in UK inflation back above the Bank of England's 2% target rate will not change the thinking of its Monetary Policy Committee with regards to interest rates, experts have said.