Liam Fitzgerald looks at the problem faced by beneficiaries of death-benefit-only schemes
Option 3 proposed imposing a £10,000 additional charge on smaller schemes
Long-standing and dedicated ombudsman honoured for his services to the pensions industry and charity
Trustees must not let deluge of other work lesson their focus on transfer-out checks
CWS partner Dominic Harris expected to take over from Anthony Arter
The Pensions and Lifetime Savings Association (PLSA) has expressed it is disappointed with the Department for Work and Pensions’ (DWP) general levy consultation – saying there should be no increase in the levy without structural reform.
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.