Viola Caon on dynamic risk management

Rachel Dalton explores the latest TPR updates on DC, employer growth and fraud

Last week actuary Hamish Wilson upset plenty of people when he referred to pensions professionals as ‘parasites'.

The Kingfisher Pension Scheme has awarded a multi-alternatives mandate to LGT Capital Partners.

Tony King will take up a third term as the Pensions Ombudsman and the Pension Protection Fund (PPF) Ombudsman from 1 September, the Department for Work and Pensions (DWP) has announced.

This week respondents are divided over whether TPR should pay attention to third-party admins and if auto-transfers will harm savings

The question of whether third-party administrators (TPAs) should be regulated by The Pensions Regulator (TPR) split this week's respondents right down the middle.

A slim majority of contributors were worried about the number of schemes that were failing to demonstrate all six of The Pensions Regulator's (TPR) six DC principles.

The majority of schemes do not intend to carry out any exercises to control longevity risk over the next two years.

Six out of 10 respondents said employers were generally failing to make sufficient provisions for ill-health retirement when closing DB schemes.