The Pensions Regulator (TPR) has admitted it was subject to a partially successful ransomware attack during the past three financial years but had blocked over 40,000 other attempts.
In response to a Freedom of Information (FOI) request, the watchdog said attempts to breach its systems were unsuccessful on all accounts bar one, which saw one computer encrypted followed by a demand...
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
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.