Just one in ten UK adults aged over 50 are willing to risk their money
Pensions Buzz readers were asked for their thoughts on victim compensation
Over 300 IFA firms will be affected with compensation owed to over 1,000 members
Legislation approved to boost internet safety has not answered numerous calls for the inclusion of economic harm and scams from the finance industry.
Here it is, our monthly digest of the most important pension articles Professional Pensions has written and published over the last month, along with some contextual notes.
The increase in financial scams during the last 12 months has promoted calls from all corners of the pensions industry for better support for savers.
Baroness Nicky Morgan has been appointed as a non-executive director of the board of the Financial Services Compensation Scheme (FSCS) alongside Cathryn Riley and Wendy Williams.
The FSCS has cited the growing number of claims relating to defined benefit (DB) pension transfers as the main reason for the lifeboat scheme's levy for this year being a fifth higher than it forecast in January.
Finding out what protections are in place for DC assets is not straightforward, finds Helen Morrissey
PP research finds readers have concerns about how a master trust lifeboat fund would be funded.