Only nine clearance applications relating to corporate transactions were made to The Pensions Regulator (TPR) in the 2015/16 financial year, data has revealed.
The figure is just 3% of the 263 cases the watchdog dealt with in the first year of the process being introduced, according to a Freedom of Information (FOI) request response. The process is not mandatory,...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.