News

This week's top stories include The Pensions Ombudsman rejecting a complaint against Standard Life for refusing to provide a second transfer value quotation.

PP research shows sector believes investment consultancy should be probed.

The Pension Quality Mark (PQM) is consulting on reviewing and enhancing its standards for defined contribution (DC) schemes to ensure they offer good quality pensions.

The upcoming Financial Guidance and Claims Bill will not include the pensions cold calling ban, the Department for Work and Pensions has said.

Changes in work culture and technology will lead to an 'Uber moment' for savings at some point in the future, Bravura business development manager Natanje Holt believes.

Disclosure codes for costs and charges on pension funds need to show both the amount and impact of costs, due to their compounding effect.

Volatile gilt yields saw the estimated average defined benefit (DB) to defined contribution (DC) transfer value fall by £9,000 over June, Xafinity has said.

Malcolm Deering, a regular contributor to Professional Pensions, died on 31 May aged 69.

Institute for Fiscal Studies (IFS) economist James Banks has warned the UK must upgrade the skills of workers and boost productivity to solve the social strains from an ageing population.

The Pensions Regulator issued 173 fines to schemes and trustees during 2016 as a result of failures to prepare annual governance statements or complete scheme returns.