The DWP has been looking into consultancy charging on corporate schemes for six months, since Steve Webb wrote to the Association of British Insurers asking for evidence that charges borne by members are fair.
The Work and Pensions Committee has asked why such charging is allowed at all. It is easy to see why. Today's financial services sector is marked by a drive to eradicate charges that are too complicated,...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.