Baroness Ros Altmann
Auto-guidance gets cross-party support; Labour calls for net-zero pensions
A proposal to ensure savers receive a Pension Wise appointment prior to accessing their retirement pot has received cross-party support in parliament, while Labour seeks net-zero pensions by 2050.
Parliamentary pensions scams group launch welcomed by WPC
The formal establishment of the All-Party Parliamentary Group (APPG) on Pension Scams has been welcomed by Work and Pensions Committee (WPC) chairman Stephen Timms.
WPC confirms inquiry into impact of freedoms; Scams to top extensive agenda
Pensions scams will be the key focus in the first part of a Work and Pensions Committee (WPC) inquiry reviewing the impact of the introduction of pension freedoms five years on.
Government suffers defeats in House of Lords over Pension Schemes Bill
Amendments to the Pension Schemes Bill passed by peers in the House of Lords last night will see a wide-ranging suite of reforms for the pensions industry draw another step closer.
Where now for the pensions dashboard?
Enormous amounts of work are still required in order to deliver the pensions dashboard. Ros Altmann looks at the issues involved and urges politicians not to abandon the idea of an independent public dashboard.
Plumbing Pensions seeks approval to fund legal battles for s75 non-payments
The trustees of the £2bn Plumbing and Mechanical Services (UK) Industry Pension Scheme are seeking court approval to use scheme funds in potential upcoming legal battles.
Parliamentary group launches to step up action on pension scams
The new All-Party Parliamentary Group (APPG) on Pension Scams has had its inaugural meeting in parliament to outline its priorities for boosting public awareness around scam risks.
PPF bonus gap remains despite 7% pay gap drop
The Pension Protection Fund’s (PPF) median gender pay gap stood at 13% as at 31 March 2019, down from 17% in 2018, and 20% the year prior, according to its annual pay gap report.
Simpler pension statements must be compulsory
The government must now bow to pressure and allow providers to choose whether to send standardised, simpler pension statements, says Baroness Ros Altmann.
PLSA welcomes 'legislative clarity' on pension schemes bill
The Pensions and Lifetime Savings Association (PLSA) has welcomed the reintroduction of the pension schemes bill, after the government reaffirmed the details in the reopening of parliament this week.
Simpler annual benefit statement proposals get positive response from industry
As the DWP’s consultation on simpler annual benefit statements closes, Holly Roach looks at the industry’s response.
Plans for transfer rules undermine freedoms
Requiring pension freedoms users to transfer their funds into a workplace pension scheme could damage savings further, says Baroness Ros Altmann.
TPR looking into seven scam investigations posing £55m loss to savers' pensions
The Pensions Regulator (TPR) is carrying out seven criminal investigations into potential scams with indicative losses to savers' pensions of around £55m, The Pensions Regulator (TPR) has revealed.
All pension customers should be treated equally
Ros Altmann urges the industry to address injustices and inefficiencies, and engage in direct-to-consumer marketing that promotes pensions properly for the mass market
'Truly transformative' AE policy brings 10 million into pensions
Auto-enrolment (AE) has now brought 10 million workers into occupational pensions since its introduction in 2012, latest government figures reveal.
Ros Altmann: What 2019 will bring for pensions
2018 has seen the start of some important pension policy trends, which will continue into 2019. Baroness Ros Altmann looks at what is most likely to happen and what still urgently needs to be done.
The big themes dominating pensions
The pensions landscape is full of change and opportunity, says a wide-ranging report. James Phillips explores some of the views on the changes afoot.
Govt urged to take action on net pay anomaly as experts sign letter to chancellor
Industry heavyweights have urged chancellor Philip Hammond to take action on the net pay pensions tax relief anomaly which affects lower-paid earners.
Altmann: CDC best suited for 'quasi-public sector' organisations
Collective defined contribution (CDC) schemes could be a "halfway house" for the public sector but will appeal to "very much a minority" in the private sector, Baroness Ros Altmann says.
AE error rates spark fears over data integrity
Businesses are experiencing auto-enrolment data error rates of up to 50%, posing questions over the reliability of pension records, Pensionsync says.
Ros Altmann named chair of Pensionsync
Former pensions minister Baroness Ros Altmann has been appointed chairwoman of fintech firm Pensionsync.
Treasury delays cold-calling ban
The government has confirmed the long-awaited ban on pensions cold-calling will now be delayed until Autumn.
Carillion highlights importance of corporate investigations
Baroness Ros Altmann says more DB trustees should seek independent forensic analysis on the sponsor's business and financial position
Default drawdown pathway needed to boost member outcomes, MPs say
The Work and Pensions Committee has called for the government to introduce an auto-drawdown option while allowing NEST to offer decumulation products, James Phillips reports
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