LCP

Lane Clark & Peacock is urging the industry to take action on default strategies

Savers transferred around £2.8bn out of DB scheme

Research led by former PLSA chair finds savers want costs and charges on annual statements

Reform of pensions tax would be hard, but some areas appear more generous than others

New TPR guidelines set out how it will use its enhanced powers to issue contribution notices

HMRC figures revealed the cost of pensions tax relief increased by more than £4bn in 2019/20

LCP analysis finds a large number of schemes expect to reach buyout within ten years

Schemes and sponsors urged to establish clear audit trails around any decisions

The consultancy says its commitment will advance its organisational sustainability

Small scheme succeeds in crowded bulk annuity market with streamlined solutions