The delayed launch of a service to check the protection status of members following the lifetime allowance (LTA) cut will mean extra work for administrators.
HM Revenue and Customs (HMRC) had been due in October to launch the service designed to help third-party administrators (TPAs) check LTA levels of members. But it revealed this has been "delayed slightly"...
The Department for Work and Pensions (DWP) has delayed further a consultation response and final regulations to enact requirements relating to investment consultants.
Pensions minister Guy Opperman has set out a timetable for secondary legislation to bring Pension Schemes Act provisions into force.
Shane O'Reilly and Julia Chirnside look at how a government proposal could put professional trustees in breach of the law.
The Pensions Administration Standards Association (PASA) has published guidance on the pensions dashboard for UK schemes, trustees and providers detailing how to get ready for the project.
Administration should be focused on what the member would ideally want, thereby delivering a better services, says John Simmonds.