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...
Ditching the state pension triple lock in favour of a ‘double lock’ is unlikely to save the government money, according to a new policy paper from the Pensions Policy Institute. It recommends...
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...
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...
Complying with new dashboard regulations could cost pension schemes and providers millions, according to new research. Pension consultants LCP say that despite government assurance to the contrary, there may be significant costs...
Pension firms are calling for temporary adjustments to the triple lock, amid reports that there are disagreements between the Prime Minister and Chancellor about whether this guarantee should be maintained. Boris Johnson...
A cross industry working group has issued new guidance on GMP equalisation, designed to help pension scheme trustees communicate the complexity of these changes to members. This guidance specifically relates to communication...
The Work and Pensions Committee will examine the impact of pension freedoms, with the initial focus of its inquiry looking at whether savers are adequately protected from pension scams. This is the...
A strong faith in nudge and a deep focus on conflicts of interest are the two themes that emerge when talking to Baroness Jeannie Drake, the Labour peer who was one of the original...
The Government has launched a consultation into the net pay anomaly, following a critical report by the Public Affairs Committee earlier this week on pensions tax relief administration. As part of this...