The average pot size of members contacting The Pensions Advisory Service (TPAS) for guidance since freedom and choice came into force is between £45,000 and £48,000.
Speaking today at a Pensions Management Institute seminar on administration, TPAS head of information and guidance Charlotte Jackson revealed many of these people had a defined benefit (DB) legacy underpin....
This week's edition of Professional Pensions is out now
Collective defined contribution (CDC) schemes will need clear and transparent governance frameworks, as well as effective communication strategies, to be a success, the Work and Pensions Committee (WPC) has been told.
The aviation sector's constant evaluation of mistakes to improve safety should be applied to defined benefit schemes, as too many are making the same mistakes again and again, latest research shows.
A month of strikes are due to hit 64 universities from tomorrow over major reforms to the Universities Superannuation Scheme (USS).