Employers are being warned not to put their head in the sand after one business ended up with a £350,000 fine for failing to fully comply with its pension duties.
Recent rules introduced by the Department of Work and Pensions (DWP) require pension schemes to clarify and explain their policy on environmental, social and corporate governance (ESG) factors, including climate change, and stewardship.
Pension scams are on the increase in the UK. Every day fraudsters are using sophisticated ways to part savers from their money and a lifetime’s savings can be lost in moments.
Workers Pension Trust has become the first Northern Ireland based pension provider to be awarded Master Trust Authorisation from The Pensions Regulator.