Defined contribution (DC) and contracted-out rights will be allowed to be transferred without member consent under regulations soon to be introduced.
Also, sponsors of multi-employer schemes will get some reprieve as a new debt arrangement is introduced to alleviate the immediate section 75 burden often faced when ceasing to be an active employer. ...
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point