Trustees are becoming more alert to fraud risks but are still too complacent when it comes to prevention, RSM says.
The accountancy firm's annual pensions fraud survey (registration required) - completed this year by trustees representing 124 pension schemes - found that 52% recognised that fraud presented a significant...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter