Law and Regulation

Assessing the strengths and weaknesses of the UK retirement sector

The Pensions Ombudsman (PO) has ordered a company to pay £500 to a member of its pension scheme who suffered "considerable distress" because of missed contributions.

The Pension's Regulator (TPR)'s lack of power to discipline master trusts could lead to bad outcomes for members according to the Pensions Policy Institute (PPI).

The majority of the industry is behind the Department for Work and Pensions (DWP) decision to put pot follows member on the back burner.

The Department for Work and Pensions (DWP) has been criticised for spending more than £8.5m on a campaign to promote awareness of auto-enrolment.

Retirement guidance still not up to scratch

The government has been urged to axe the state pension triple lock in light of data showing pensioners have higher average income than working age people for the first time.

A ten-foot-tall monster is warning smaller employers not to ignore auto-enrolment in an advertising campaign launched by the Department for Work and Pensions (DWP) today.

The UK pension system has been undermined by the relaxation of at-retirement regulation, according the 2015 Melbourne Mercer Global Pension Index.

An increasing number of firms is leaving it to the very last minute to comply with their auto-enrolment obligations, according to one major provider.