The coalition government will push ahead with NEST if the independent review panel decides the current structure is fit for purpose as well as tackle GMP equalisation and introduce a new Pensions Act, pension minister Steve Webb says.
The first issuance of a contribution notice could signal a clampdown on companies who fail to engage with trustees and the regulator, lawyers say.
The Pensions Regulator's decision to finally enforce its moral hazard powers - through a £5m contribution notice to the Bonas Group Pension Scheme - got me thinking about Daddy Longlegs. Apparently, the bumbling Longlegs has the most powerful venom in...
The Pensions Regulator has issued a £5m contribution notice to the Bonas Group Pension Scheme.
UK - Employers who thought they were free of funding obligations might still be "on the hook" for paying liabilities, following a High Court ruling yesterday.
UK - The Pension Protection Fund has recruited six global tactical asset allocation managers as part of its statement of investment principles announced earlier in the year.
US - Officials at the New York State Common Retirement Fund have announced plans to lead a class action against BP over losses related to the massive oil spill in the Gulf of Mexico.
Bosses were ordered to keep up benefit payments to a long-serving former employee despite no pension documentation or contracts existing.
An employer member of the National Association of Pension Funds has accused the trade body of failing to consult with members before issuing public statements.
Industry figures are rushing to lobby the government on crucial pensions issues ahead of tomorrow's emergency Budget.