The Parliamentary and Health Ombudsman has accused the Department for Work and Pensions (DWP) of failing to provide accurate, adequate, and timely information about changes to the State Pension age for women.

One in three high risk pension transfers since July 2018 would satisfy the first condition of the Department of Work and Pensions’ (DWP) proposed scam reduction legislation, according to a new report.

Andy Bell, CEO of platform and SIPP firm AJ Bell, has warned that proposed new anti-scam rules on pension transfers risk undermining thousands of legitimate transfers.

The DWP is to spend £400,000 funding a trial of mid-life ‘MOTs’ - schemes to help people “take stock” of their health, skills and wealth as part of a later life planning initiative.