The recommendations of Lord Hutton may seem eminently sensible in a normal world, but the current parlous state of the public sector can hardly be regarded as normal.
The public sector is currently experiencing swingeing cuts, with up to 20% of staff facing redundancy, a pay freeze for staff on more than £18,000 a year and most public sector workers being made to feel...
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.