Contacted 500 DC schemes
The Pension Scams Industry Group (PSIG) has updated its voluntary code of practice to reflect regulatory and legislative changes that have affected the industry over the last year.
Focusplay Retirement Benefit Scheme
Will extend to wider models
Fines of up to £1m
81% of private sector workers saving
Around £18m not collected
Average £91,000 lost to scams
Needs to apply for authorisation
370 people may have transferred
Replaces Lesley Titcomb
Bought retailer in March 2016
'Leave me alone or I will retaliate'
Need to apply by March next year
Rolled out to 25 schemes next month
Stepping up 'proactive involvement'
'Surprising' only 40% of firms are raising awareness
Auto-enrolment enforcement rises
In response to a freedom of information request
TPR: "It is an attempt to steal your savings - just hang up."
The pensions and financial inclusion minister tells James Phillips about his first year in office and his philosophy behind pension policy creation.
A consultation has been launched on granting stronger powers to The Pensions Regulator (TPR) as the government seeks to address "misuse" of flexibilities in the defined benefit (DB) funding system.
Supreme Court ruling