Schemes have been urged to take advantage of an obscure procedure to amend scheme rules easily after the High Court backed trustees seeking to ignore drafting errors in their trust deeds.
Section 48 of the Administration of Justice Act allows trustees to apply to the court to request authority to address questions regarding the drafting of trust deeds and rules. It does not require detailed...
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
A second pensions bill is likely during the “life of this parliament”, according to pensions and financial inclusion minister Guy Opperman.
A “legitimate debate and discussion” is needed over future auto-enrolment (AE) contribution rates, says Guy Opperman, and that could take place next year.
Julian Mund writes about planning for the future and the four challenges he sees for the pension industry over the next five years.
The Pensions and Lifetime Savings Association (PLSA) has called on the government to implement regulations for schemes to better assist savers with complex decisions regarding pot access at the point of retirement.