SCHEME administrators must respond to HM Revenue & Customs notices on standalone group life schemes even though they were sent by mistake, Canada Life says.
It said HMRC told schemes that did not have to make a pension scheme return they would have to produce audited accounts. These notices were despatched to all registered schemes – including, in error,...
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).