The Pensions Regulator’s (TPR) enforcement actions increased by more than a quarter over the last year but the recovery rate against all recoverable debt sat at just 30%, according to law firm Clyde & Co.
The watchdog took 128,807 enforcement actions in the year ending 31 March 2019, up from 102,497 in the same period the year prior. Enforcement actions available to the regulator are compliance notes,...
This week’s top stories include The People’s Pension provider B&CE furloughing 140 staff in response to pressures from the coronavirus, while the UK’s finance regulators called on pension savers to stay calm and avoid making rash decisions regarding savings....
Coronavirus Blog: B&CE furloughs 140 staff and changes charging structure; HMRC pushes back deadline for GMP data cuts
In this live blog, Professional Pensions brings together all the latest news on the industry's response to the coronavirus pandemic, as well as regulatory and legal updates.
The Treasury will aim to plug the growing financial holes caused by Covid-19 by selling off £45bn of bonds during April.
In this week’s Pensions Buzz, we want to know whether you agree with the Financial Conduct Authority’s decision to delay its decision on whether to implement a contingent charging ban.