Pensions minister Steve Webb has rebuffed calls from industry members to merge The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) saying it is not the right time.
Speaking at the National Association of Pension Funds (NAPF) Conference 2013, the minister questioned whether changing the regulatory regime was the right thing to do given all other changes in the industry....
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.