exit fees
Scottish Widows scraps early exit fees across all pension policies
Scottish Widows will remove early exit fees across all of its workplace and personal pension policies ahead of the charge cap deadline.
LV= removes pension exit charges
LV= has removed all pension exit charges from its products, allowing customers to switch to other providers without incurring a fee.
DWP plans to cap early-exit charges for occupational pensions
Follows FCA announcement on personal pensions
FCA introduces cap on early-exit pension charges
‘Proportionate balance between benefits'
Capping early exit charges will be arduous for trustees
A consultation into capping early exit charges for occupational pensions has revealed how "torturous and more opaque" the system is compared to personal pensions.
FCA urged to ban 'unjustified' early exit charges for all savers
The regulator should completely ban all pension early exit charges to prevent any saver being penalised for taking advantage of the freedom and choice reforms, Hargreaves Lansdown has said.
Exit charge cap poses challenges for trustees
DWP's consultation on capping exit charges in occupational schemes has closed. Despite agreement on removing barriers to the freedoms, Michael Klimes finds there will be major administration hurdles.
Business savvy trustees will not stop schemes falling into PPF
Trustees who understand sponsors' needs will not lead to lower likelihood of default according to PP research.
Have your say: Are fears of a dangerous precedent from changing benefits at British Steel exaggerated?
This week we want to know if the fears of setting a dangerous precedent by changing benefits at the British Steel Pension Scheme are overblown.
FCA proposes 1% cap on pension freedom exit charges
Will ban fees on new contracts
Was the Queen's Speech a success?
Last week's Queen's Speech contained a long awaited Pensions Bill to toughen up master trust regulation and plans to streamline the delivery of guidance. Helen Morrissey looks at whether these measures will adequately address problems within the market...
Queen's Speech 2016: Bill to cap exit fees on trust-based schemes
The new pensions bill will cap early exit fees charged by trust-based occupational schemes in a bid to remove "unreasonable barriers" to accessing pension freedoms.
Queen's Speech 2016: Pensions Bill to toughen master trust regulation
A new Pensions Bill will strengthen master trust regulation and give The Pensions Regulator increased powers to police these schemes.
Are independent governance committees adding value to members' pensions?
PP takes a look at the first IGC reports to see how the
Phoenix Group suspends ongoing charges for some members
Ongoing charges for some scheme members will be suspended over the next 12 months Phoenix Group has confirmed.