Five stories you may have missed: Altmann expelled from Labour, GMP deadline; Ombudsman shake-up
The biggest stories on PP this week included political controversy surrounding the pensions minister, annual allowance charges and planned changes at the Pensions Ombudsman.
1. Altmann expelled from Labour Party
Conservative pensions minister Ros Altmann has been expelled from the Labour Party, according to reports.
2. Should schemes tell HMRC about member AA charges?
Annual allowance reductions mean more people will incur tax charges but how many members know this? Helen Morrissey looks at what schemes should do to help members meet their responsibilities.
3. GMP deadline should act as trigger for trustee action
Natasha Browne looks at why trustees need to treat GMP reconciliation more seriously ahead of HMRC's April 2016 deadline.
4. Anthony Arter: Shaking up the Pensions Ombudsman
Pensions Ombudsman Anthony Arter explains why and how the service needs to change to cope with growing demand
5. Towers Watson hires sales chief for LifeSight
Towers Watson has appointed Stuart Reid as business development and sales lead for its master trust, LifeSight.
More on Industry
Five stories you may have missed this week
This week’s top stories included the rejection of an automatic guidance amendment in the Pension Schemes Bill, while The Pensions Regulator posted a sharp increase in the use of its powers.
Net-zero target should not be mandated as part of the Pension Schemes Bill, industry says
The majority of the pensions industry agrees an eventual net-zero target should not be mandated for schemes as part of the Pension Schemes Bill, according to a Professional Pensions poll.
Local Pension Partnership Administration joins PSIG industry forum
Local Pension Partnership Administration (LPPA) has become the latest organisation to join the Pension Scams Industry Group (PSIG) forum.
Two-thirds of fund managers reduce investments in companies failing on diversity and inclusion
Two-thirds of UK fund managers are reducing investments in companies that fail on diversity and inclusion scores, according to a survey by Edelman.
CMI: Fourth consecutive week of increasing excess deaths
England and Wales have seen a fourth successive week of increasing excess death figures as the countries battle through the second wave of the coronavirus pandemic.
