Things were going so well. The government said it would consider scrapping indexation for defined benefit pension schemes as part of its promise to reinvigorate occupational pensions. And then it mentioned GMP equalisation.
There is nothing that gets the pensions industry going more than GMP equalisation – and the area has been a potential minefield for schemes ever since the European Court of Justice required trustees to...
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.
Smart Pension has absorbed more than 6,500 members from the Corporate Pensions Trust (CPT) after its trustees decided not to apply for authorisation.
The Defined Contribution Investment Forum (DCIF) has reappointed Vivek Roy as chairman for 2019 following a vote at its annual general meeting last November.