The work and pensions select committee is set to scrutinise the pensions industry over concerns that consumers are still being "ripped off", according to reports.
Frank Field, who was elected as chairman this month, raised concerns that the guidance guarantee was insufficient to protect people from being overcharged for retirement products, the Financial Times reports....
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).