Report bosses who push workers to exit pension plans, says UK regulator

Workers should blow the whistle on bosses who are encouraging them to quit retirement plans to save companies money, the Pension Regulator has said.

The watchdog’s intervention comes after the Trades Union Congress, the UK’s main movement for organised labour, last week said more of its members were leaving their pension schemes to cope with the intensifying cost of living crisis.

The regulator said employers that sought to induce…