A large number of pension schemes are falling short of The Pensions Regulator's (TPR) governance and trusteeship expectations, according to research by XPS Pensions.
The survey - which questioned more than 100 defined benefit schemes - revealed a wide range of standards across schemes and found 79% had identified issues with their members' data. TPR set its governance...
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
The amount of equity withdrawn from homes has rebounded after a slump during the coronavirus lockdown but remains slightly down year-on-year.
The Pensions Dashboards Programme (PDP) has published its second progress update report – setting out a timeline for the development of the project and revealing the dashboard would not be ready to be offered to consumers until 2023.
90% relate to Covid-19
NFU Mutual the fastest
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But amount of money withdrawn down
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First AoV the firm has published