Pensions minster Steve Webb has reiterated his commitment to implementing a cap on pension charges, saying "nothing has changed" as a result of responses to the official consultation.
Speaking on 20 January, Webb said he remained committed to implementing a cap on pension scheme charges despite reports earlier this month that suggested the proposal had been delayed for at least 12 months...
Caroline Kurup explores the latest TPR guidance on superfund transfers and what scheme trustees should be considering
Pension scheme trustees and sponsors should only seek to transfer members’ benefits to a defined benefit (DB) consolidator if there is no “realistic prospect of buyout in the foreseeable future”, The Pensions Regulator (TPR) says.
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
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.