The Pensions Regulator's (TPR) investigations into employers avoiding support for defined benefit (DB) pension schemes have fallen by 65% since 2013, according to figures released today.
According to a Freedom of Information (FOI) response, published by The Times, the regulator investigated just eight cases last year, down from 23 in 2013. The FOI response also shows the regulator used...
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.