Top five stories you may have missed this week
This week the FCA admitted a blunder on cash-out figures, TPR won a landmark AE case in the High Court, while a ground-breaking case could help trustees override drafting mistakes.
1) Ground-breaking case could help trustees override drafting mistakes Schemes have been urged to take advantage of an obscure procedure to amend scheme rules easily after the High Court backed trustees...
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FCA data reveals over £20bn of DB transfers between 2018 and 2020
Some £20.1bn of defined benefit (DB) pensions were advised to transfer between 2018 and 2020, while £10.2bn were recommended not to transfer, Financial Conduct Authority (FCA) data reveals.
Cushon launches its first net-zero pension
Fintech workplace savings business Cushon has launched a net-zero pension available now to savers who want to “actively contribute towards slowing climate change”.
Trustees will need to be corporate finance experts under new TPR powers
Pension trustees will have much more involvement in business discussions and corporates will need to think more about pensions when the watchdog’s increased powers come into force, LCP says.
PP parent Incisive Media launches Sustainable Investment Festival
Join us on 22-24 June
