Missing pension records, missing savings boost and missing retirement income - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
‘Millions could be hit by missing pension records' Former pensions minister Ros Altmann's warning that millions of retirement savers cannot be sure if their pension payments are accurate due to unreliable record-keeping is the subject of this Financial Times report. Her explanation comes down to patchy or missing records for defined benefit (DB) pension schemes and legacy schemes that have been closed by an employer but to which members still have entitlements. Speaking in the context of the pensions dashboard, Altmann says many of the older-style pensions would not be in a format to ...
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