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The Pensions Regulator is set to shake up selected rules covering pension trustees to improve protection for pensions savers, it announced today.

 

More than half of workers (54%) are ignorant about the size of their pension pots, according to a major survey by pensions industry trade body the PLSA.

SIPP and SSAS provider Curtis Banks has called for the protection of pension tax relief in the Budget on 11 March amid concerns relief could be chopped back or axed.

Savings sector trade body TISA and fintech Altus have launched an online self-assessment tool, the Vulnerability Radar, to help firms “understand and identify” how to support vulnerable customers.

Retirement and protection specialist LV= has move to a tiered charging structure on its personal pension which will favour largers sums invested.

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