The Pensions Regulator (TPR) has banned two trustees after they lost over £15m of members' funds in unregulated investments.
John Williams and Susan Huxley were trustees of the 5G Futures Pension Scheme and directors of its principal employer 5G Futures, which had been dormant since its creation in 2008. Potential scheme...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.