Law enforcement, financial regulators and the private sector need to do much more and work together to protect savers from fraudsters, says Phil Brown.
Pension fund savers switching out of their default funds and making their own investment decisions could face a cut in their final pot value of up to £247,000, research has found.
Gregg McClymont says AE schemes make it easy to opt-out should members feel contributions are not in their best interest
B&CE, the provider of The People’s Pension, has furloughed just under a quarter of its members of staff in response to pressures from the Covid-19 crisis.
The Pensions Management Institute (PMI) has launched a mentoring and development programme, which it will deliver in conjunction with the Institute of Leadership and Management (ILM).
The Conservatives’ romp at last week’s national poll gives a great chance to make dramatic changes to boost people’s pensions, says Gregg McClymont.
The People’s Pension’s (TPP) plans to overhaul its charging structure have been delayed following system testing issues.
The industry constantly talks about the need to engage members. Gregg McClymont says a more important priority is how to ensure all schemes are governed well.
B&CE has launched a redundancy consultation with staff as part of a plan to reduce costs and become more efficient.
Jonathan Stapleton says reform would cost more than it is worth
B&CE is to launch a new brand to extend its pension provision to the wider market in November.