Pensions Ombudsman Anthony Arter has raised concerns about the increase in pension scam activity during the coronavirus pandemic in a virtual meeting with the Work and Pensions Committee (WPC).
The Pension Scams Industry Group (PSIG) has today (10 June) called on the Financial Conduct Authority (FCA) to consider further interventions to protect pension scheme members from scams.
Seven bodies with responsibility for protecting UK pension savers’ pots have joined forces to create an information guide to reassure scheme members amid concern about the impact of the Covid-19 crisis on financial wellbeing in the UK.
Coats' pension scheme members are not entitled to annual increases of 5%, the High Court has ruled in a rare instance of a court overturning a decision of The Pensions Ombudsman.
Edward Brown says the Pensions Ombudsman's maladministration ruling against the Northumbria Police Authority for its handling of a transfer out of the Police Pension Scheme is an 'uncomfortable' decision.
TPO finds Northumbria Police Authority guilty of maladministration; Gives 'new hope' to scam victims
A ruling by The Pensions Ombudsman (TPO) could mean past victims get redress if it finds trustees failed to alert members to pension transfer risks or did not perform mandatory checks.
The number of investigations by The Pensions Ombudsman (TPO) have increased by over a quarter driven partly by a sharp rise in the number of transfer complaints received during the past financial year.
The Department for Work and Pensions (DWP) has launched a consultation to clarify how the Pension Protection Fund (PPF) should treat transferred-in defined benefit (DB) entitlements when calculating compensation.
Some 730 backlogged cases were cleared by The Pensions Ombudsman (TPO) between January 2017 and March this year, it has confirmed.
The Pensions Ombudsman (TPO) and The Pensions Regulator (TPR) have signed an information-sharing agreement to enhance their combined knowledge and understanding of developing issues.
Malcolm McLean says the transfer of TPAS's dispute resolution function to the TPO raises again the question of whether there should be a single pensions regulator
The Pensions Ombudsman (TPO) will become the hub for all pensions dispute resolutions as it plans to subsume The Pensions Advisory Service's (TPAS) team.
The Pensions Ombudsman is investigating a group of more than 150 complaints about transfer values from British Steel Pension Scheme (BSPS) members.
The Pensions Ombudsman (TPO) and the Financial Ombudsman Service (FOS) have signed an updated version of their Memorandum of Understanding (MoU) to improve co-operation and exchange of complaints information.
Schemes should consider more modern ways of engaging with complaining members as this could solve conflicts more quickly, Anthony Arter says.
The biggest stories on PP this week include articles on the regulator pursuing Dominic Chappell over BHS and research suggesting the low savings ratio is misleading. Here are the top five...
The Pensions Ombudsman (TPO) is planning to bring The Pensions Advisory Service's (TPAS) dispute resolution process into its remit.
The Pensions Ombudsman (TPO) has backed the Halcrow Pension Scheme (HPS) trustees after they reduced the level of indexation for transferred-in benefits when members were transferred to another scheme.
The number of enquiries handled by the Pensions Ombudsman's (PO) increased by more than a fifth to over 6,000 during the past financial year, according to its annual report.
This week's top stories include The Pensions Ombudsman rejecting a complaint against Standard Life for refusing to provide a second transfer value quotation.
The Pensions Ombudsman (TPO) has stood behind the Standard Life staff pension scheme's decision to not issue a new transfer value, despite a member agreeing to pay for it.
This week's top stories included the ombudsman's ruling that wording in the Local Government Pension Scheme rules did not allow it to retain a fraudster's pension.
The Pensions Ombudsman (TPO) has ruled Enfield Council cannot withhold pension benefits for a man who embezzled nearly £500,000, due to the Local Government Pension Scheme (LGPS) rules.
The National Audit Office has published its report into government failures to provide appropriately valued lump sums for some 34,000 police and firefighters - leaving some members waiting 15 years for their full entitlement.