The Pensions Regulator (TPR) has handed Link Pension Trustees fines totalling £103,750 for multiple breaches of pensions law in relation to the McDonald's Franchisee Pension Scheme.
The defined contribution (DC) master trust provides benefits for 148 members of staff at 32 McDonald's franchises, but is independent from the overall McDonald's corporation, and has seven active members....
The Pensions Regulator (TPR) will now seek to publish the first of two consultations on a revised defined benefit (DB) funding code in the new year, depending on the political environment.
The industry constantly talks about the need to engage members. Gregg McClymont says a more important priority is how to ensure all schemes are governed well.
The pensions schemes bill will digitalise pensions and provide savers with greater confidence for retirement, Guy Opperman has said.
The Pensions Regulator’s relationship supervision regime was launched a year ago. Jonathan Stapleton hears from Dianne Morgan about how it is working in practice.
Flexible apportionment arrangements have become a commonly used tool for employers but, as Andy Lewis says, there can be issues for the unwary.