Savers could be at risk if no legal duty to put their interests first is placed on commercial pensions dashboards, The People's Pension has warned.
Consumers should also be given the legal right to all of their financial data in order to see a total picture of their finances, including their pension pots. The report noted that there is a need...
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