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One in three pension schemes have appointed - or are considering appointing - an IFA to give advice to members, according to data from pensions admins administrator XPS Pensions.
The number of customer complaints made to the Financial Ombudsman Service (FOS) relating to defined benefit transfers rose by 44% in 2018/19.
Transfer valued endured a volatile September, according to the latest data from XPS Pensions Group.
Over 400 trustees and employers of UK pensions schemes attending the XPS Pensions Group’s annual conference last week believe they must “make a difference to climate change”, with 60% of schemes having already moved away from a traditional investment approach.
Private equity firm Epiris has completed the acquisition of James Hay and Saunderson House parent company IFG Group.
The trustees of hundreds of pension schemes are to be ordered to urgently review the data they hold as part of a crackdown on poor record-keeping.
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