Ruth Gillbe asks whether the Budget has prompted shortsighted decisions on DB to DC transfers
Figures from Barnett Waddingham published in our news pages this week suggest there has been a surge in defined benefit (DB) to defined contribution (DC) transfers since the Budget. The administrator...
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