Data was accidentally made available to unauthorised persons but context of breaches unclear

XPS has called the increase “disappointing” and called for robust management from trustees

Integrate net zero targets into regulation

The Financial Conduct Authority (FCA) has published guidance on advising defined benefit (DB) transfers and has reiterated its stance that it is best savers do not transfer out of DB schemes.

MPs on the Work and Pensions Committee (WPC) will assess the availability of financial advice in the second stage of its pensions freedom inquiry.

Jump from 554 in 2019

Savers withdrew £9.4bn flexibly from their retirement pots during 2020, data released by HM Revenue & Customs (HMRC) has shown.

Leaders of the Big Four accounting firms have joined forces to unveil a reporting framework for ESG standards.

The Financial Conduct Authority (FCA) is investigating 165 coronavirus-related scams, according to a freedom of information request (FOI) submitted by Parliament Street think tank’s cyber research team.

Defined benefit (DB) transfer values continued to increase to yet another record high during July but the number of people opting to exit final salary schemes remains steady, according to XPS Transfer Watch.