occupational pensions

Transfer from occupational scheme

Follows FCA announcement on personal pensions

To give trust-based pension savers full access to pension freedoms

Remembering pension transfer permissions

Legal & General Assurance Society (L&G) has been directed to compensate two clients it advised to transfer savings out of their employer's pension arrangements 21 years ago.

A third of employees would be willing to pay for an in-house financial adviser provided by their employer, according to Deloitte.

Fewer people are saving long term as covering current costs gets harder, according to AXA's Big Money Index 2012.

Pensions minister Steve Webb has vowed to fight potentially "catastrophic" EU plans to impose funding rules to British occupational pensions.

The drive for transparency in pension charges could lead to occupational scheme advice for employers becoming regulated by the Financial Services Authority, Legal & General says.