Last week actuary Hamish Wilson upset plenty of people when he referred to pensions professionals as ‘parasites'.
Wilson included actuaries, lawyers, independent trustees and independent financial advisers in his diatribe, labelling them as "middle men" who only make things more complicated (PP Online, 12 June). ...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter