BHS administration charges £1.3m higher than expected
Administration costs for British Home Stores (BHS) are £1.3m higher than estimates given last June according to documents published by the Work and Pension Committee (WPC).
A record of correspondence from administrators Duff & Phelps and FRP Advisory reveals how their fees have ratcheted upwards from original estimates. The first administrators, Duff & Phelps, were appointed...
More on Law and Regulation
EXCLUSIVE - Guy Opperman: Why we are consigning dozen-page pension statements to the dustbin
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
Second pensions bill expected in this parliament
A second pensions bill is likely during the “life of this parliament”, according to pensions and financial inclusion minister Guy Opperman.
Guy Opperman: Debate on AE contribution rates could take place in 2021
A “legitimate debate and discussion” is needed over future auto-enrolment (AE) contribution rates, says Guy Opperman, and that could take place next year.
Schemes must face the future to drive better outcomes
Julian Mund writes about planning for the future and the four challenges he sees for the pension industry over the next five years.
At-retirement regulatory framework needed for schemes to support savers, says PLSA
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.
