PensionBee has written to Pensions Minister, Guy Opperman, accusing several pension providers of abusing new pension legislation to block or delay consumers from moving their pensions.
In the letter, PensionBee stated that the regulations appear to have been misused in a “variety of inventive ways”, including adding new “obstructive steps” to the transfer process to freeze “legitimate” transfers
The aggregate defined benefit (DB) pension scheme surplus in the UK increased by £60bn to £250bn in June, according to the PwC Pension Trustee Funding Index, marking the highest surplus recorded since the launch of the index in 2015
ITM has announced it has teamed up with PLSA dashboard consultant, Richard Smith, to conduct “critical” industry research to help schemes decide their matching criteria for pensions dashboards
The Pensions Administration Standards Association (Pasa) Data Working Group has published guidance on dashboards data accuracy, urging pension scheme trustees to take the necessary action ahead of the dashboards deadline
The Government Actuary’s Department (GAD) has now published its 2016 cost cap valuation reports for all 20 public service pension schemes, including the NHS, teachers and police
Understanding the importance of diversity is one thing, putting diversity into practice is another. Francesca Fabrizi speaks to some of the pension firms that are leading the way with their diversity and inclusion strategies, to assist those who are looking to learn from their peers