UK - Key members of the department for work and pensions have met to discuss the future role of the pensions ombudsman, David Laverick.
The ombudsman raised a number of issues with the select committee on pensions late last year – not least simplification in his office.
He said change was needed in the “complicated matrix” which governed who could complain, about what and against whom.
He also raised concerns about the complication of the internal dispute resolution process and called for “radical simplification”.
DWP private pensions team branch head Charles Ramsden and colleague Mary Ball are both known to have been involved in the discussions.
Laverick said he hoped the overhaul would simplify the current system.
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.