The Universities Superannuation Scheme had stored participants’ details on Capita’s Hartlink platform, yet states ‘USS member data … has not been compromised.’
The Pensions Regulator and the Financial Conduct Authority aim to prepare LDI investors for future volatility.
TPR, FCA and ICO are urging Capita clients to find out if any of their data has been stolen.
She will succeed Charles Counsell who is stepping down at the end of March.
Data show plan participants are increasingly dipping into their pensions to offset cost-of-living increases.
The Financial Conduct Authority says current policies do not meet investors’ needs.
Statement of objections initiates regulator’s first enforcement case.
UK regulator reports £8.6 million loss, penalties drop to £181 million from £879.5 million.
New rules focus on moving from defined benefit to defined contribution plans.