Henry Tapper says while most IGCs are making progress, there is still a long way to go until they fulfill the promises set by the OFT.
The independent governance committees (IGCs) have reported for the third time in April. There are 18 IGCs that we have identified (down one on 2017 as Abbey Life has merged with Phoenix). There's likely...
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