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Pensions Regulator managing increasingly complex cases

The Pensions Regulator is spending more of its time on a small number of complex cases than in previous years, it has said.  03 Jul 2015

UK pension trustees must 'urgently review' overseas transfer procedures as HMRC suspends notification list

UK pension trustees must "urgently review" their existing procedures for implementing transfers to overseas pension schemes after HM Revenue and Customs (HMRC) suspended publication of its list of recognised schemes, an expert has said. 23 Jun 2015

Out-Law Guides

Expect to pay up to £1,000 compensation for ‘non-financial injustice’, says Pensions Ombudsman

Pension savers who suffer “significant” distress or inconvenience as a result of scheme maladministration will generally receive compensation of between £500 and £1,000 if their complaint is upheld, the Pensions Ombudsman has said. 23 Jun 2015

UK Treasury plans action on 'excessive' pension exit fees for those seeking flexible access to savings

UK pension savers should not be charged "excessive" exit penalties in order to be able to access their defined contribution (DC) savings more flexibly, the Treasury has said. 19 Jun 2015

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