The delayed launch of a service to check the protection status of members following the lifetime allowance (LTA) cut will mean extra work for administrators.
HM Revenue and Customs (HMRC) had been due in October to launch the service designed to help third-party administrators (TPAs) check LTA levels of members. But it revealed this has been "delayed slightly"...
The Pensions Administration Standards Association (PASA) has published guidance on the pensions dashboard for UK schemes, trustees and providers detailing how to get ready for the project.
Administration should be focused on what the member would ideally want, thereby delivering a better services, says John Simmonds.
MPs on the Work and Pensions Committee (WPC) will assess the availability of financial advice in the second stage of its pensions freedom inquiry.
The Pensions Regulator (TPR) has published a regulatory intervention report on the case of jailed former charity for the disabled trustee and chief executive Patrick McLarry.
HSBC will increase its assets under management on Moody’s Analytics’ defined benefit (DB) software platform, expanding its use from six to 15 countries.