All The Pensions Advisory Service articles
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NewsOne in six savers don't know where to access pensions advice
The workplace can play a part in helping plug the pensions advice gap, as over a quarter of over 55s admit eschewing any type of support.
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NewsOpperman rules out mandatory guidance for 50-year-olds
Pensions minister Guy Opperman has ruled out the prospect of automatic appointments for 50-year-olds with Pension Wise as it would be expensive and ineffective.
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Rolls-Royce warns regulators about spike in transfer numbers
On the go: The Financial Conduct Authority has issued a data request to financial advisers involved in defined benefit transfers from the Rolls-Royce pension scheme, after the company warned regulators about high activity in this area.
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Maps prioritises dashboards delivery
On the go: The Money and Pensions Service is increasing its focus on pensions dashboards as a way to deliver for customers, according to its new business plan.
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After a fine innings at BW, McLean still wants to bat
A pension legend, Malcolm McLean has just stepped down as a senior consultant with Barnett Waddingham. He has received countless gongs, culminating in an OBE and two awards for outstanding achievement, but as a modest man he does not trumpet such fripperies.
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Schemes to issue pension transfer warning to savers
On the go: Pension scheme trustees are to warn members about the risks of transferring out of their defined benefit scheme amid the Covid-19 crisis.
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Regulators warn over Covid-19 pension scams
On the go: Regulators have issued a warning that rising levels of vulnerability caused by the Covid-19 lockdown could see more savers targeted by scammers, as concerns about finances increase.
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Cracknell: Industry fails to explain ‘how’ savers can make changes
After a five-year stint as chief executive of the Pensions Advisory Service, which ended in December 2018, Michelle Cracknell started as a non-executive director at Just Group on March 1.
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Maps recruiting for dashboard steering group
On the go: The Money and Pensions Service launched a recruitment drive on Thursday for members of a steering group for the pensions dashboard, as the project inches closer to fruition.
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NewsTrustees not responsible for bad IFA transfer work, scheme professionals say
Advisers to pension schemes have hit out at proposals that British Steel Pension Scheme should award discretionary payouts to members who mistakenly left the plan, saying it shifts the blame for bad financial advice on to trustees.
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SFGB opens for business
On the go: The Single Financial Guidance Body launches this week, as three existing providers of government-sponsored financial guidance merge.
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Regulator tells schemes to consider cutting transfer values
The Pensions Regulator asked the trustees of 14 defined benefit schemes to review their transfer processes and consider cutting transfer values for members considering cashing in their benefits.
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Warned scam victims must take responsibility, code says
The Pension Scams Industry Group has emphasised that scam victims must take responsibility for fraudulent defined benefit transfers where they have been previously warned by their providers.
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Chatbots, GDPR and scams: Is admin in for a sea change?
Technological advances could mean pensions administration is about to become a lot sexier, but while cyber security evolves humans still need education if the industry is to protect pensions data and money.
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NewsSelf-employed do not trust pensions, experts say
Self-employed workers lack confidence in pensions partly because of questions over their affordability, according to experts.
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Canary Wharf govt hub to include ombudsman but not FCA
The Pensions Ombudsman has said it is moving offices from London Victoria to a newly renovated "government hub" in London's financial district Canary Wharf on April 3 this year. This follows a previous announcement by the Financial Conduct Authority that it will move from Canary Wharf to Stratford in north east London this year.
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TPAS dispute function to be absorbed by ombudsman
The dispute resolution function of the Pensions Advisory Service is to move to The Pensions Ombudsman, in a bid to simplify the process for savers who are dissatisfied with their scheme's service.
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TPAS publishes guidance for self-employed
The Pensions Advisory Service has launched an information and guidance 'Spotlight' document focusing on the self-employed. It is also aiming to raise pension awareness among the self-employed with a social media campaign.
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NewsLords want default guidance for pension savers
The House of Lords added more pressure to the government on Tuesday as a Liberal Democrat-led amendment to the Financial Guidance and Claims bill was passed by 283 to 201 votes.
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NewsOpperman discloses timetable until spring
PLSA Annual Conference 2017: Pensions minister Guy Opperman provided some clarity on timescales for the dashboard and progress on the creation of a single financial guidance body in a speech at the Pensions and Lifetime Savings Association’s annual conference.