The Pensions Regulator (TPR) wants an open debate about what a good 21st century trustee should look like and do in an increasingly complex world, according to chief executive Lesley Titcomb.
Speaking at Punter Southall's annual conference in London this morning, she revealed the regulator will be raising its focus on the capabilities of trustees across both defined contribution (DC) and defined...
Caroline Kurup explores the latest TPR guidance on superfund transfers and what scheme trustees should be considering
Pension scheme trustees and sponsors should only seek to transfer members’ benefits to a defined benefit (DB) consolidator if there is no “realistic prospect of buyout in the foreseeable future”, The Pensions Regulator (TPR) says.
Guy Opperman says two page, simpler statements as well as an annual ‘season’ in which to issue them could be transformative steps for the UK pensions industry
Regulatory guidance “could set too high a hurdle” for superfunds, Lane Clark and Peacock (LCP) warns.
The Department for Work and Pensions is to make it mandatory for auto-enrolment defined contribution (DC) schemes to use simpler annual statements.