The biggest stories on PP this week involved a threat to salary sacrifice from the Chancellor, pension scam firms in court and retirement savings hitting a record high. Here's what you might have missed.
1. Why salary sacrifice cuts could just be the start of National Insurance relief restrictions
Earlier this month, Steve Webb warned the Conservative government may target salary sacrifice in its July emergency Budget.
2. High Court forces two companies into liquidation over £12m pension scam
Two north-west businesses have been wound up by the High Court after convincing 209 people to put total pension savings of £11.9m into a fraudulent investment scheme
3. Auto-enrolment providers in duplication error
Some workers put into Now Pensions and the People's Pension have been mistakenly enrolled multiple times, PP understands.
4. Retirement saving levels hit ‘record high'
More people than ever are saving for retirement with 56% of the population now putting ‘adequate' amounts aside each month, Scottish Widows research has found.
5. TPR ‘accepts' small schemes will never meet governance standards
The Pensions Regulator (TPR) "accepts" that many small pension schemes will never achieve the necessary standards it has laid out on governance.
In the first of a five-part series of articles for PP, pensions minister Guy Opperman sets out how impending legislation will improve pensions for members.
Tim Shepherd and Beth Brown look at the legal implications of working from home and how pension professionals can mitigate the risks.
The Pensions Regulator (TPR) has substantially increased the usage of its powers against trustees – posting a sharp rise in the use of formal information gathering powers and High Court production orders during the three months to the end of September....
The Pension Schemes Bill has completed its third reading, crossing its latest hurdle in the House of Commons.
An amendment to the Pensions Schemes Bill which would have seen people given a pre-booked Pension Wise appointment ahead of accessing their retirement savings has been defeated.