TPR should get powers to allow 'second-best' outcomes for members

The Pensions Regulator (TPR) should be allowed to alter scheme indexation and benefits to ensure members get at least "second-best" outcomes.
The watchdog should also be able to compel stakeholders to attend interviews with it, and direct trustees to reduce benefits, including preserved benefits, of active and deferred members, the Pensions...
More on Law and Regulation
DWP confirms general levy hike from April; Option one chosen
The Department for Work and Pensions (DWP) has confirmed that it will increase the general levy pension rates from April 2021 in line with its preferred option.
DWP delays consultation response on trustee oversight of investment consultants
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 sets out timetable for Pension Schemes Act regulations
Pensions minister Guy Opperman has set out a timetable for secondary legislation to bring Pension Schemes Act provisions into force.
What a ban on corporate directors could mean for schemes
Shane O'Reilly and Julia Chirnside look at how a government proposal could put professional trustees in breach of the law.
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.