The National Employment Savings Trust (NEST) has hit a landmark of over 100,000 participating members, a step towards its target of at least two million members by the end of staging.
The Department for Work and Pensions has confirmed it will create an ‘automatic transfer' system for small pots of less than £10,000, allowing workers to take their pensions with them from job to job.
The Pensions Regulator (TPR) will have to take into account the "growth prospects" of employers when considering the strength of their pension schemes, Chancellor George Osborne said today.
Disgraced former tax boss Andrew Meeson - found guilty of a £5m pensions tax fraud and jailed for 8.5 years - has been linked to two alleged pensions liberation cases.
Former tax boss Andrew Meeson and his business associate Peter Bradley have been found guilty of a £5m pension fraud.
Providers could save £74.6m a year by communicating all information with pension savers online, under government proposals.
The Pensions Regulator (TPR) is investigating 21 pensions liberation cases, after the amount of money transferred through the scams doubled to £400m last year.
Regulators have joined forces to raise awareness of pension liberation "predators" who target cash-strapped workers promising to release their pension as a loan or lump sum.
Former tax boss Andrew Meeson set up the allegedly "fictitious" Moya pension schemes at the behest of convicted fraudster Thomas Scragg, a court heard yesterday.
Former tax boss Andrew Meeson took the stand at Birmingham Crown Court yesterday to deny allegations he played a leading role in a £5m pensions tax relief fraud.