Two out of five advisers have seen an increased number of clients going ahead with defined benefit (DB) transfers despite recommendations against, according to Prudential research.
The survey of 201 advisers by Pollright also found that between March 2016 and March 2017, 51% helped with the transfer even after their recommendation not to was overruled by the insistent client. ...
University College Union (UCU) and Universities UK have appointed Joanne Segars to chair the joint expert panel to examine the valuation of the Universities Superannuation Scheme (USS).
The Pensions Regulator (TPR) was right to use its powers to seek financial support from ITV for members of the Box Clever pension scheme, the Upper Tribunal has said.
All 6,000 UK schemes had a surplus of £361bn by the end of last month when calculated under a best estimate return on their assets, according to First Actuarial.
Research highlights confusion about where responsibility to support members on transfers lies. Kim Kaveh looks at the key findings.