Half of all pension records contain errors, some of which are so fundamental that one in 20 people’s monthly payslips may be wrong, according to data from Pensionsync. The analysis found errors...
An accounts manager who attempted to conceal the fact that restaurants had not given their staff workplace pensions has been ordered to pay £5,000. Bradford-based Mansoor Nasir submitted false declarations of workplace...
The Department of Work and Pension is consulting on proposals designed to encourage DC pension schemes to invest in a wider range of assets. Under these proposals trustees of larger occupational DC...
JP Morgan has taken a stake in workplace pensions provider Smart Pension, bringing its total funds raised to date to £50m. The deal sees JP Morgan global head of retirement solutions Anne...
Significant administrative problems at Now: Pensions, affecting more than a quarter of a million people have been largely resolved says the Pensions Regulator. TPR says the provider and its trustees have largely...
The Financial Conduct Authority has called for pension providers to offer default investment pathways for those accessing drawdown services without advice. It is inviting the industry to consult on these recommendations, which...
MPs have grilled auto-enrolment pension providers over their investment performance, highlighting the poor three-year figures from Now: Pensions, and criticising providers for not focusing more on delivering returns to investors. MPs at...
Government employment figure published today shows a record number of over-50s now in the workforce. The figure show that were 10.6m over 50s in the workplace, equivalent to one in three of...
Since 2015 the Insolvency Service has successfully applied to the courts for 24 companies to be wound up due to ‘pension misuse’. This government agency said more than £202m was invested via these...
Smart Pension is taking the employers and members of Lighthouse Group’s Corporate Pensions Trust following the decision of its trustees not to apply for master trust authorisation. CPT’s decision not to apply...
