The withdrawal of Project Thor to rescue British Home Stores (BHS) raised concerns about the level of support for both schemes, MPs have been told.
The comment was made by Chris Martin who is trustee chairman of the BHS Pension Scheme and BHS Senior Management Scheme while giving evidence to a joint session of the Work and Pensions Committee (WPC)...
Guy Opperman says two page, simpler statements as well as an annual ‘season’ in which to issue them could be transformative steps for the UK pensions industry
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
Around one in 25 pension schemes have made use of regulatory easements to deficit recovery contribution (DRC) payment schedules, according to The Pensions Regulator (TPR).
A second pensions bill is likely during the “life of this parliament”, according to pensions and financial inclusion minister Guy Opperman.
A “legitimate debate and discussion” is needed over future auto-enrolment (AE) contribution rates, says Guy Opperman, and that could take place next year.