Half of pension transfers flagged as potential scam
Over 50 per cent of pension transfers carried out since the Covid crisis have triggered a scam warning. This data was compiled for the Work and Pension Select Committe by XPS Pensions...
Over 50 per cent of pension transfers carried out since the Covid crisis have triggered a scam warning. This data was compiled for the Work and Pension Select Committe by XPS Pensions...
Almost half of those currently on DB transfers say they are unsure whether they will still be active in this market in a year’s time, according to new research. More stringent regulation...
The government should legislate to give pension companies and regulators greater powers to help prevent fraud and protect savers. This should include the ability to stop transfers they believe are fraudulent, even...
Scottish Widows has bolstered its master trust team and board with the appointment of David Butcher, Gerald Wellesley and Sharon Bellingham. Butcher, who joins Scottish Widows from Legal & General’s Master Trust,...
Employee benefits service WorkLife has partnered with Smart Pensions to offer workplace pensions to the suite of products available on its digital platform. WorkLife offers a range of services to small businesses,...
Trustee boards have adapted well during the Covid crisis and have embraced new ways of working and meeting according to Aon. However the professional services firm says there has been an increased...
Three quarters of DC and DB pension schemes believe they will be ready to join the pensions dashboards initiative provided they have two years to prepare, a Pensions and Lifetime Savings Association...
The cost of running the four biggest master trusts in the UK is £200m a year and costs across the master trust sector will rise to around £1bn a year by 2035,...
Larger occupational pension schemes and master trusts could be compelled to improve reporting over climate change risks, under proposals published by the Department of Work and Pensions today. In its consultation paper...
UK adults are less concerned about saving for retirement than they were a year ago and since Covid are more concerned about shorter term savings, according to research commissioned by workplace savings...