The pensions ombudsman has dismissed a complaint from a scheme member who claimed that he was being illegally "harassed" by his pension scheme's administrator, Mercer.
Alan Belk, a member of Air Products Plc Pension Plan complained Mercer, and the trustees of the scheme had illegally reduced his pension and unfairly seeking recovery of overpayments totalling £1,416....
Pension freedoms could generate as much as £1.9bn a year in tax revenue for the next 10 years, according to research by the Pensions Policy Institute (PPI).
The Pension Protection Fund (PPF) has conceded it does not have "all the data we need to calculate" the impact of last month's ruling that some benefits may be unlawful.
A looming court decision on gender equalisation of pension schemes could hit FTSE 100 profits by up to £15bn, Lane Clark and Peacock (LCP) says.
Dutch custodian KAS Bank has created a fintech solution to help schemes save on costs and improve transparency of currency hedging strategies.