The government will replace the statutory guidance providers the Money Advice Service, The Pensions Advisory Service and Pension wise with new bodies following a further review.
The Treasury said it will introduce a new pensions guidance body and a new, slimmed down money guidance body in their place. It will be funded by a levy on the financial services and pensions sectors. ...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.