Regulation

Government plans to enforce GMP equalisation will bring about a fresh wave of defined benefit scheme closures and could imperil the overall health of the economy, the industry warns.

The Pensions Regulator has revealed more details about two trustees it removed last year for investing £2m of scheme assets in an unregulated Belize-based investment vehicle.

Schemes and trustees could be faced with conflicts when dealing with bankrupt members after the Raithatha v Williams verdict, lawyers warn.

The Pensions Ombudsman has rejected a case arguing members of the Armed Forces Pension Scheme were misled into the assumption benefits would always be linked to RPI.

Forcing employers to auto-enrol agency workers will be costly for businesses and deter saving among temporary staff, an MP warns.

The Pensions Regulator has launched an online service to help companies who want to bring forward their staging date for auto-enrolment.

Stephen Hunt, founder of retirement specialist Rockingham Independent, owes the company almost £100,000, according to a report by liquidator Probitas.

The Pensions Regulator has proposed to give its determinations panel an express power to request additional material when considering cases.

The Pensions Ombudsman has ruled against a complainant who argued part of his pension should be classified as DC in order to protect it from Pension Protection Fund reductions.

Professional Pensions is set to publish a special focus on data hubs and middleware for auto-enrolment in April.