The long awaited Pension Schemes Bill to boost master trust regulation has been published. Michael Klimes looks at what it means for providers and the regulator
At a glance The bill has five key criteria for approving master trusts TPR has enhanced powers to supervise and license master trusts Concerns have been raised about capital adequacy requirements...
Almost half of trustees and pension scheme administrators surveyed by PP say they would not join a collective defined contribution (CDC) pension scheme.
The Department for Work and Pensions (DWP) has confirmed that it will increase the general levy pension rates from April 2021 in line with its preferred option.
The Department for Work and Pensions (DWP) has delayed further a consultation response and final regulations to enact requirements relating to investment consultants.
The government will press ahead with plans to use the “largely untapped pool of capital” in defined contribution (DC) schemes to invest in venture capital and growth equity assets.
Pensions minister Guy Opperman has set out a timetable for secondary legislation to bring Pension Schemes Act provisions into force.