Trustees must raise funding issues during takeover deals whether their scheme has a shortfall or not under new guidance from The Pensions Regulator.
Previously, trustees were advised to apply for clearance from TPR only if their scheme was in deficit. But a “reminder” to trustees on TPR’s website says getting clearance is an appropriate consideration...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).