The board of the Financial Conduct Authority (FCA) has accepted proposals to ditch the term 'value for money' from the final rules relating to the Asset Management Market Study (AMMS).
The majority of respondents agree that The Pensions Regulator should seize assets from employers who fail to pay fines.
The Intergenerational Commission has suggested a series of policy reforms to address the intergenerational divide in pensions. Kim Kaveh considers the proposals
BT and the trustee of its pension scheme have agreed to contributions totalling £12.3bn over 13 years to plug its actuarial funding deficit.
Pension transfer values fell from £235,000 at the end of March to £232,000 at the end of April, according to Xafinity's Transfer Value Index (TVI).
In this week's Pensions Buzz, we want to know if you think it is fair that The Pensions Regulator can seize assets from fine dodgers, and how schemes should deal with pension overpayments from contracting-out discrepancies.
Now Pensions has appointed Troy Clutterbuck as chief executive officer (CEO) effective today, after he took on the role of interim CEO in August last year.
The combined defined benefit (DB) deficit decreased by £33.9bn over April to £81.7bn on a section 179 basis, according to the Pension Protection Fund's (PPF's) latest update.
Employers must take action as the number of strokes affecting employees may rise as the working population gets older, RedArc says.
This week's top stories were coverage of the court battle between BA and trustees over the purpose of a pension fund, and Conduent selling Buck Consultants.