The ban on short service refunds will keep between £70m and £130m in the pensions system, figures from the Department for Work and Pensions (DWP) reveal.
While most don't know what they will do, those that cash out will hand £1.6bn to HMT
MyCSP has admitted it is experiencing problems with delayed payments after transferring its admin in-house and shifting its 1.5 million members onto a single administration system.
Pirc has appointed ex-Cooperative Asset Management head of Environmental Social and Governance (ESG) Ian Jones to its leadership team.
Around 30% more people are saving into a workplace pension after auto-enrolment (AE) helped reverse a downward spiral spanning almost 50 years.
The Bank of England (BoE) has launched its biggest ever review into the fixed income, currency and commodities (FICC) markets following a string of recent scandals.
The wholesale movement of scheme assets from equities to fixed interest ground to a halt last year according to data from the Pension Protection Fund (PPF).
All 6,500 employees at the University of Birmingham can now take advantage of a car salary sacrifice scheme launched by the institution, capping CO2 emissions at 120g/km.
Employee insurance costs could rise by 50% if the working age continues to increase, Towers Watson warns.
The Budget flexibilities may make collective defined contribution schemes (CDC) less appealing, according to the Pensions Policy Institute (PPI).