The news that the Department for Work and Pensions will not allow schemes to refund members moving jobs pension pots of £50-200 will anger many schemes.
Steve Webb’s plan to eliminate barriers to saving included his scheme to ensure that when employees move to new jobs, they do not lose track of savings they build up with old employers. He laid out...
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This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.