Ian McKenna: More than just a pension
The Pension Policy Institute research paper on the sustainability of master trusts, made me ask two questions which I do not see addressed in the report. What about the customer? And why...
The Pension Policy Institute research paper on the sustainability of master trusts, made me ask two questions which I do not see addressed in the report. What about the customer? And why...
The new rules, including the ban on contingent charging, in FCA Policy Statement 20/6, come into effect next month and we are already starting to see advisers change their processes and pricing....
Up to 1.5m scheme members are still owed backdated payments due to the equalisation of guaranteed minimum payments — and in some cases refunds could be worth up to £25,000. This research...
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 scale of pension fraud appears to be far in excess of figures reported to Action Fraud. A report published by The Police Federation highlights the scale of the problem, saying this...
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...
Regulators have teamed up with football commentators to further raise awareness of pension scams and encourage savers to show fraudsters ‘the red card’. The new campaign comes as TPR and the FCA...
I’ve been waiting for a while for anyone to come up with a good argument as to why introducers – particularly those that intervene on DB pension transfers – should not be banned....