More than three quarters of finance directors are in the dark about fines which could be levied on businesses for failure to comply with auto-enrolment regulations.
UK - There is an "overwhelming consensus" among the industry that costs in defined contribution schemes should be clear, simple and comparable, the UK Pensions Regulator says.
The revised IAS19 standard is set to shake-up the pensions industry and close the gap in accounting between the US and Europe, as Helen Morrissey reports
UK - Trustees are to be given new tools by the government to improve their oversight and clarify fiduciary duty in a shake up of trustee responsibilities.
GLOBAL - The executive board of the International Monetary Fund (IMF) has chosen French finance minister Christine Lagarde as its new director.
Employers taking on business transfers could be on the hook for unexpected life assurance benefits, thanks to a quirk in Transfer of Undertakings (Protection of Employment) regulations.
AUSTRALIA - Potential gaps in strategic, operational and member engagement issues could leave superannuation funds scrambling to catch up if they do not start planning for imminent reforms now, Mercer has warned.
The Work and Pensions Select Committee has postponed its inquiry into EU pension reforms until the autumn to give European officials time to publish its proposals.
Defined contribution schemes are lagging behind defined benefit plans on governance, but 96% of schemes believe their trustee boards are governing effectively or very effectively, research shows
Dr Robin Bevan, headmaster at Southend High School for Boys, explains the rationale behind what will be the biggest teachers’ strike in 30 years about cuts to the Teachers Pension Scheme (TPS)...