TPR's 2020 Annual Funding Statement: Something Old, Something New
The Pension Regulator’s (TPR) Annual Funding Statement (AFS) is a fixture in the defined benefit (DB) pensions calendar but its arrival this year could not be against a more changed backdrop: new leaders for the two largest political parties, the country in lockdown, and the extraordinary concept of negative oil prices, while Brexit still rumbles on.
A year ago, this article would have covered a new DB funding code (now subject to a first-round consultation, but somewhat overtaken by recent events) and new powers for TPR (which have finally made it...
More on Regulation
Workplace schemes mandated to 'nudge' members into pensions guidance
Occupational pensions schemes will be required to direct savers to take guidance on pension withdrawals under new provisions to boost engagement.
Appoint a minister for scam prevention, government urged
The government should consider handing to a minister the specific responsibility for tackling the growing number of scams across the finance sector, AJ Bell says.
Transparency Task Force publishes open letter to PM following meeting on pension scams
The Transparency Task Force (TTF) has published an open letter to prime minister Boris Johnson asking him to take a personal interest in pension scam problems and push for legislative flexibilities for scam victims.
Government launches small pots taskforce
Pensions and financial inclusion minister Guy Opperman has confirmed a cross-sector working group to address the problems caused by small pension pots.
Woolard: FCA set for 'painful lessons' in autumn reviews
Outgoing chief executive calls on regulator to change
