Defined benefit (DB) schemes and the protection system in place for members are working despite recent high profile failures such as Carillion, according to the pensions and financial inclusion minister.
Guy Opperman urged the pensions industry not to jump to conclusions and assume the system is "broken". Speaking at an Association of Member Nominated Trustee conference on 28 February, he said: "I accept...
Consumer complaints against firms for misadvised DB transfers also rising
Changed in November last year
The question is: what is the right thing to do?
Admits past failings
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams