Law and Regulation

Stephanie Baxter says the pensions watchdog is right to take a harder line on non-compliance with basic duties, and to make more use of its powers.

The regulator is cracking down on unacceptable levels of non-compliance and using some of its powers for the first time. Its chief executive Lesley Titcomb tells Stephanie Baxter what trustees can expect

Nearly eight million people fear they will not have enough money to retire when they reach state pension age (SPA), Age UK research has revealed.

Several changes made

The Department for Work and Pensions (DWP) has launched a consultation on the draft regulations for bulk defined contribution (DC) transfers without member consent.

Defined contribution (DC) occupational schemes will be forced to disclose to members costs and charges associated with investing their retirement pots, the government has announced.

Average superannuation fees in Australia have risen by 19 basis points per annum following the implementation of latest rules over how such costs are calculated.

A quarter of businesses missed their auto-enrolment (AE) staging date with Aviva in the third quarter while more firms are leaving it until the last minute.

253 to 205 defeat

Peter Askins says there is a huge gap between what trustees are expected to do and the time and resource available to complete it