Industry should be aware to not jump to conclusions when assuming the defined benefit (DB) system is "broken," according to the pensions and financial inclusion minister.
Speaking at an Association of Member Nominated Trustee conference on 28 February, Guy Opperman MP said: "I accept high-profile corporate failures such as Carillion do not help the perception of the DB...
The Pensions Regulator (TPR) has issued a £2,000 fine to the Financial Conduct Authority’s (FCA) Pension Plan due to a non-compliant chair’s statement.
The parent of collapsed UK retailer Mothercare has secured a revised payment schedule with its pension scheme trustees and said it is “on track” with its planned recapitalisation.
As schemes face additional hurdles to appoint fiduciary managers, Paul Wharton outlines the key considerations for all trustees in the process.
Holly Roach reports on how the schemes won a US class action case, reaching a $350m settlement.
Only a “comprehensive rethink” will be able to fix the “bloated, inefficient mess” of the current pension tax system, says Hargreaves Lansdown head of policy Tom McPhail.