Law and Regulation

The Pensions Regulator (TPR) has issued its first fine over a scheme failing to prepare an annual governance statement signed by the chair of trustees.

The Pensions Regulator (TPR) does not recognise success by how often it uses its anti-avoidance powers, says Lesley Titcomb.

Schemes can do more to speed up the resolution of complaints by implementing one-step internal dispute resolution procedures according to the Pensions Ombudsman.

The Pensions Ombudsman Anthony Arter has confirmed he will defend against appeals if he believes it is in the public interest.

Schemes must ensure all relevant team members are aware of online support services provided by HMRC after the cessation of contracting out.

Lesley Titcomb has suggested a number of measures which could enable The Pensions Regulator (TPR) to better help struggling defined benefit (DB) schemes to manage risks.

The requirement to equalise guaranteed minimum pensions (GMPs) may never come to fruition under Brexit but schemes should not be complacent, according to Geraldine Brassett.

The pensions minister has said investing in growth boosting and social projects could be part of a solution for deficit-ridden schemes struggling with falling gilt yields.

With trustee boards required to manage costs effectively, should they consider removing fund managers who don't provide data on transaction charges? James Phillips reports.

Concerns have been raised over the potential impact increasing Treasury involvement will have on pensions policy. Helen Morrissey takes a look