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Workers unaware that a pension is an investment

Almost half of older workers are unaware that their pension has a choice of investment funds to choose from or even what their pension fund is invested in.

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Pension transfer volumes drop by 50%

The latest XPS Pension Transfer Watch report has highlighted that pension transfer volumes were 50% lower in March than a year earlier.

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FCA defends its actions over BSPS scandal

The FCA has responded robustly to complaints about the time it took to provide redress to victims of the British Steel Pension Scheme (BSPS) scandal.

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LCP wants ‘magnetic pensions’ to tackle 16m small pots

Pensions consultancy LCP is calling for a ‘magnetic pensions’ strategy to help tackle a leap in small pension pots, estimated to be increasing at 2m a year.

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