UK - The Association of Pensioner Trustees has called on the government to reconsider plans to apply a single set of investment criteria for small self-administered schemes.
The APT backs reforms outlined by the Inland Revenue but says the benefits of investment flexibility should not be ignored.
It said the ability of SSASs to invest in commercial property should not be restricted if the transaction was “carried out at arm’s length and on commercial terms”.
APT chairman Mark Howard said: “Our research shows that commercial property has performed extremely well over the short, medium and long-term and provides a solid income stream to meet pension outgoings in retirement.”
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers