Pension group Phoenix has said more of its customers are reporting approaches from unregulated companies after obtaining personal information or details about their pensions.
The group, which owns brands Axa, SunLife and Abbey Life, said it was not only the volume of approaches that was concerning, but the type of data being requested as well. After conducting research among 2,000...
The increase in minimum AE contributions has had little impact on opt-out rates - with cessations after April increasing by less than two percentage points, data from The Pensions Regulator (TPR) shows.
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£116.8m of benefits received by customers