Five stories you may have missed: TPR to prosecute Chappell; cold calling ban confirmed
The biggest stories on PP this week include articles on the regulator pursuing Dominic Chappell over BHS and research suggesting the low savings ratio is misleading. Here are the top five...
TPR to prosecute Chappell for not handing over information for BHS probe
TPR will prosecute Dominic Chappell for failing to give information and documents requested as part of the investigation into the sale of BHS.
Govt confirms cold calling ban after £43m lost to scams since 2014
The government has announced it will press ahead with "tough" measures to protect pension savers as figures reveal almost £5m was lost to scammers between January and May this year.
Record-low savings ratio 'paints misleading picture' - research
UK households have not stopped saving to go on a debt-fuelled consumer spending spree, according to research from Royal London, despite official figures revealing the savings ratio is at a record-low.
TPO plans to take on TPAS' dispute resolution process
The Pensions Ombudsman (TPO) is planning to bring The Pensions Advisory Service's (TPAS) dispute resolution process into its remit.
Field: USS deficit and transfer advice should be areas of concern for WPC
Frank Field MP has said the £12.6bn deficit at the Universities Superannuation Scheme (USS) and the transfer advice individuals receive are topics which demand closer scrutiny.
More on Industry
Have you say: Do you think Rishi Sunak should freeze the lifetime allowance?
In this week's Pensions Buzz, ahead of Wednesday's Budget, we want to know whether you think Chancellor Rishi Sunak should freeze the lifetime allowance.
Industry Voice: Tech innovations for pensions needn't come from inside industry
Interactive digital dashboards, cloud-based platforms, artificial intelligence and machine learning – all of these have a place in the exciting future of the pensions sector.
LawDeb grows pension revenues by 8.3%
Law Debenture posted £11.5m of revenue in its pension business in 2020, growth of 8.3% on the prior year, with its governance service receiving enhanced activity.
Five stories you may have missed this week
This week’s top stories included a legal challenge over the government’s Retail Prices Index realignment, while British Airwards deferred £450m in deficit recovery contributions.
PLSA: Most pension tax reforms will leave things worse and schemes at risk
Most reform options for pension tax will leave many savers with smaller pots and cause substantially more costs for schemes and employers, says the Pensions and Lifetime Savings Association (PLSA).
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