Transparency failings blamed on 'operationally inefficient' industry
The WPC's cost and transparency inquiry reveals it is impossible to know exactly how much consumers and trustees are paying in charges. Victoria Ticha takes a closer look
As parliament resumed last week, first up on the Work and Pension Select Committee's (WPC) agenda was its inquiry into pension costs and transparency - which is focussing on whether the pensions industry...
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Breaking: Consider suspending DRCs for three months if necessary, TPR says
Defined benefit (DB) scheme trustees should be open to employer requests to reduce or suspend deficit recovery contributions (DRCs) if there is a good reason to do so, The Pensions Regulator (TPR) has said.
TPR extends late payment reporting deadlines
The Pensions Regulator (TPR) has temporarily relaxed the timeframe for schemes which need to report late payments from employers for workplace pension schemes.
Five stories you may have missed this week
This week’s top stories included a call on the Treasury to relax pension rules to help enable saving after the coronavirus crisis, and the industry’s call for clearer guidance from The Pensions Regulator (TPR) on managing Covid-19.
Coronavirus Blog: Boris Johnson tests positive; TPR extends late payment reporting deadlines; Job retention scheme will cover AE contributions
In this live blog, Professional Pensions brings together all the latest news on the industry's response to the coronavirus pandemic, as well as regulatory and legal updates.
Royal London IGC investment rating smashes 2019 targets
Royal London’s independent governance committee (IGC) report revealed investment performance for all workplace pension customers in 2019 was above its target.
