‘Extremely ambitious’ pensions dashboard timeline extended
But trustees and providers warned to ‘get data ready’
But trustees and providers warned to ‘get data ready’
A day after he resigned
Following the resignation of around 60 ministers including Guy Opperman and Rishi Sunak
PensionBee accused some providers of using loopholes to delay or stop consumers moving their retirement pots
‘Regulations are being abused by a handful of rogue actors’
Move would add ‘regulatory burden’ and deliver ‘little for members’
Government warned it will receive industry ‘backlash’ over the ‘controversial plans’
To include ‘decumulation only’ options, master trusts and multi-employer pots
Industry warns consumers not to expect ‘bells and whistles’ from the get-go
Workers must be helped ‘to ensure they do not miss out later on in life’
After they were forced to shield during pandemic rather than top up their retirement income
It was ‘right to hand schemes greater power to protect members’