Pensioners life savings being shot down in ‘Wild West’

Pensioners life savings being shot down in ‘Wild West’

The life savings of thousands of British pensioners are being shot down in a ‘Wild West’ scenario claims former pensions minister, Baroness Ros Altmann. She says that savers are losing hundreds of thousands of pounds because they have been ‘abandoned to a Wild West of pension rules’ which have exposed them to unscrupulous financial advisors. …

Concern over future of pension dashboard

Concern over future of pension dashboard

Concern is being expressed over the future of the pension dashboard project after Works & Pensions Secretary Esther McVey announced future development would be left to the pensions industry. Additionally, there will be no regulation to force pension providers to supply information on their members meaning the dashboard would be incomplete. Leading role Ms McVey …