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,...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
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.