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 industry needs more powers to protect savers by stopping scams in their tracks, but a network to share intel can help, says Margaret Snowdon.
The Department for Work and Pensions (DWP) revealed savers are sticking with the auto-enrolment (AE) saving habit as the "pensions revolution continues".
The Department for Work and Pensions (DWP) has called on The Pensions Regulator (TPR) to deepen its research on its planned regulatory approach to tackling climate-related risks and how it would manage any opportunities from climate change.
The transition from RPI to CPIH could have a significant impact on pension funds. However, as Con Keating says, the real challenges of this shift may come from an unexpected area.
A fifth of contract-based pension schemes expect to move to a master trust by 2025, along with a third of trust-based plans.