More than 160 employers were issued fixed penalties of £400 last year after The Pensions Regulator (TPR) ramped up the use of its powers for auto-enrolment failures.
The watchdog hit 166 businesses with fines in the last three months of the year, with only three firms receiving penalties over the previous nine months. There was also a surge in the number of compliance...
The requirement to equalise guaranteed minimum pensions (GMPs) may never come to fruition under Brexit but schemes should not be complacent, according to Geraldine Brassett.
Pension experts have blasted auto-enrolment (AE) as “a glorified ISA” and "pointless scheme", warning savers will not get a decent retirement pot.
The pensions minister has said investing in growth boosting and social projects could be part of a solution for deficit-ridden schemes struggling with falling gilt yields.
The Labour party will work to ensure the fallout from Brexit does not undermine the sustainability of the UK’s economy and pensions system according to Angela Rayner.