The government has indicated it may change the order in which debts are recovered during an insolvency, putting pension schemes higher up the hierarchy.
Both defined benefit (DB) and defined contribution (DC) pension obligations are generally "unsecured creditors", ranking the lowest in an insolvency hierarchy. This includes DB recovery plan payments,...
The Department for Work and Pensions (DWP) has confirmed that it will increase the general levy pension rates from April 2021 in line with its preferred option.
The Department for Work and Pensions (DWP) has delayed further a consultation response and final regulations to enact requirements relating to investment consultants.
Pensions minister Guy Opperman has set out a timetable for secondary legislation to bring Pension Schemes Act provisions into force.
Shane O'Reilly and Julia Chirnside look at how a government proposal could put professional trustees in breach of the law.
MPs on the Work and Pensions Committee (WPC) will assess the availability of financial advice in the second stage of its pensions freedom inquiry.