UK - OPRA will not penalise trustees who, acting on the advice of the scheme actuary, delay statements of entitlement.
The move follows concern from trustees and their advisers that, in some cases, payment of transfer values calculated in line with current legislation may prejudice the interest of remaining members.
Tim Sharp warns the DWP's plans for collective DC risk establishing an inhospitable environment for the lay trustee
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.