Now Pensions will increase monthly administration charges for lower earners when minimum auto-enrolment (AE) contributions go up next April.
Currently, the provider offers a discounted administration charge of 30 pence a month for members who earn less than £18,000 a year or, for deferred members, earned less than this amount when active. ...
Members of the Pensions and Lifetime Savings Association (PLSA) have given a green light to changes to the trade body's constitution and articles of association.
The newly-appointed chairman of the Pensions and Lifetime Savings Association (PLSA) has pledged to "open up" the organisation in a bid to improve policy development.
The Department for Work and Pensions (DWP) has suggested its forthcoming white paper on defined benefit (DB) provision will only show the direction of travel on consolidation, rather give than a definitive answer.
A raft of consultations and draft regulations will greet the industry over the coming weeks and months, the pensions and financial inclusion minister confirms.