UK pensions regulator steps in to protect savers
The Pensions Regulator (TPR) has appointed independent trustees to a pension transfer scheme paying commission up to 30%, after finding that nearly £6m of pensions savings were being put at risk.
The Pensions Regulator (TPR) has appointed independent trustees to a pension transfer scheme paying commission up to 30%, after finding that nearly £6m of pensions savings were being put at risk.
Pension fund costs and charges look set to become more transparent following a new reporting standard proposed by the UK’s Financial Services Consumer Panel (FSCP) on Friday.