Matt Saker has started his term president of The Institute and Faculty of Actuaries (IFoA)
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