MPs have criticised the Department of Work and Pensions (DWP) over its communication of pension reforms and called for urgent changes to the information being sent to people approaching retirement.
The Work and Pensions Committee expressed concern over state pension statements in its sixth report: Understanding the new state pension - interim report on pension statements. It stated the DWP's communication...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.