Treasury warns pension firms
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.PATRICIA HEWITT, the Economic Secretary to the Treasury, told pension firms to work on resolving outstanding mis-selling cases as a top priority. All but nine of the firms being monitored by the Treasury - DBS, Burns Andersen, Financial Options, Countrywide, GAN, Abbey Life, Windsor Life, Lincoln National and London - have resolved 75 per cent of priority cases, according to Treasury figures.
"I am heartened to see that all firms have passed the half-way mark. However, many of them still have a long way to go to meet the end of year deadline for completing their priority cases," said Ms Hewitt.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments