Four trustees of Pakistan International Airlines' Retirement and Death Benefits Plan have been fined £500 each by the regulator for failing to audit accounts on time for two years in a row.
Trustees or managers of most schemes have a legal obligation to obtain audited accounts and an auditor's statement about contributions every year. The Pensions Regulator (TPR) said in a statement that...
Peter Stanley and Clifford Sims set out why and when trustees are expected to listen to advice.
Lewys Curteis looks at what the changes to the PPF’s levy rules mean for schemes over the long-term.
The sponsoring employers of the UK’s largest pension schemes may have to put an additional £40-£45bn into their schemes over the next decade, Lane Clark & Peacock (LCP) warns.
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.