Just one in three UK businesses have reviewed their pension strategy in the last two years, according to research by Capita Employee Solutions.
The failure to change pension policies comes as the ageing workforce ‘crisis' worsens and the challenge of workers who do not have adequate retirement savings increases. Capita's The Future Face of...
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