TPR: We must end 'two classes' of DC membership
The Pensions Regulator (TPR) has called for greater consolidation of defined contribution (DC) schemes, cautioning about the risk posed to members of small schemes.
The warning came as the watchdog's latest figures revealed private sector DC membership has for the first time overtaken that of defined benefit (DB). There are now 14.8 million members in DC schemes,...
More on Defined Contribution
Industry Voice: Three lessons learned in 2020
Newton’s Catherine Doyle considers key lessons for DC investors from the pandemic
Time to 'go back to the drawing board' as three-quarters want decumulation guidance
Three-quarters of pension scheme members want guidance before drawing down on their pension pot, according to a survey from The People’s Pension.
MPs to investigate advice in ongoing pensions freedoms inquiry
MPs on the Work and Pensions Committee (WPC) will assess the availability of financial advice in the second stage of its pensions freedom inquiry.
TPR publishes full details of charity pension trustee fraud case
The Pensions Regulator (TPR) has published a regulatory intervention report on the case of jailed former charity for the disabled trustee and chief executive Patrick McLarry.
LCP calls for 'fundamental rethink' on DC chair's statements
Defined contribution (DC) chair’s statements need a major re-think as part of the Department for Work and Pensions’ five-yearly statutory review on the rules around scheme governance in 2021, LCP says.
