New Pensions Ombudsman (PO) Anthony Arter has introduced a minimum compensation level of £500 for "inconvenience" or "distress" caused by maladministration.
But lawyers said the courts had not reached a final view on whether the ombudsman could award this type of redress. Publishing a factsheet on redress for non-financial injustice earlier this month,...
In this week's Pensions Buzz, we want to know whether you think a contract-based, trust-based or a master trust arrangement would be best for a new defined contribution scheme.
The £28bn Brunel Pension Partnership has opened a tender for active equity managers to oversee around £1.8bn of the pool's assets.
RPMI Railpen has injected £7m of new equity into full-fibre internet service provider, Community Fibre.
The Pensions Regulator (TPR) is to prosecute Samuel Smith Old Brewery and chairman Humphrey Smith for failing to provide information and documents for an ongoing investigation.