The Pensions Regulator (TPR) needs more funding and staff rather than a larger suite of powers, the Work and Pensions Committee (WPC) has been told.
MPs heard that TPR's current set of powers allow it an adequate oversight of defined benefit (DB) schemes, but a larger remit due to new pensions policy, such as auto-enrolment (AE), means it lacks peoplepower....
Peter Stanley and Clifford Sims set out why and when trustees are expected to listen to advice.
The Financial Conduct Authority (FCA) has issued a data request to 65 financial advisers who advised on transfers from the Rolls-Royce defined benefit (DB) scheme.
Lewys Curteis looks at what the changes to the PPF’s levy rules mean for schemes over the long-term.
Jo Myerson looks what trustees should be considering if their sponsor decides to temporarily shut its doors.
The sponsoring employers of the UK’s largest pension schemes may have to put an additional £40-£45bn into their schemes over the next decade, Lane Clark & Peacock (LCP) warns.