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Govt advisers search for answers on auto-enrolment

There is still a lack of consensus around some of the key features of auto-enrolment, including who should be included in the scheme, according to the chairs of the group working on the Government’s review. The Department for Work & Pensions published its terms of reference for the review in February. That document said the […]

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TPR investigates trustee assessments of DC costs and charges

The Pensions Regulator is starting a thematic review into whether trustees are suitably assessing the costs and charges paid by members. The regulator believes many trustees of small and micro schemes might not be properly assessing value. The thematic review will look at the explanation of the value for member assessments made by 100 small […]

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Old Mutual compensates couple after ‘misleading’ online information

Old Mutual Wealth must compensate a couple after showing incorrect information on its website that led them to believe they could not move their money out of certain under-performing funds. The couple, Mr and Mrs F, made a complaint to the Financial Ombudsman Service about Old Mutual Wealth Life Assurance saying its website wrongly claimed […]

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