At the end of November 2005, Lord Turner's Pensions Commission published its final report on how the UK pensions system fell into disrepair and what could be done to remedy the problems.
It recommended establishing a national pensions savings scheme (which later became the National Employment Savings Trust), auto-enrolling people into workplace schemes and compelling companies to pay into...
The Pensions and Lifetime Savings Association (PLSA) is in the process of convening an industry-wide group to take forward the work of the Institutional Disclosure Working Group (IDWG).
The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.
Scottish Widows has completed a bulk annuity deal for the Hitachi UK Limited Pension Scheme.