Pension delays, auto-enrolment's anomalies and UK retail's travails - here's our weekly heads-up on the financial stories that may have caught your clients' attention over the weekend …
Pension giant Aegon ‘blocks' savers who try to move their money Pension consolidator PensionBee has written to Aegon to "express concerns" about hundreds of savers who may be being blocked from moving away from the pension giant, according to this Telegraph article. The piece highlights claims that more than 600 people are struggling to move pensions away from Aegon due to "long delays, lost paperwork and obstructive staff". PensionBee says it takes Aegon an average 54 days to transfer pensions, compared with an average 12 days with other large providers. One Aegon client, who had a...
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