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,...
Partner Insight: Members' evolving needs and expectations are driving changes in scheme administration. As the pensions landscape inevitably continues to change, how will your scheme's approach need to develop to keep pace?
The Pensions Regulator (TPR) is "working closely" with government contractor Interserve and the trustees of its defined benefit (DB) pension schemes, it has confirmed.
The industry has welcomed the Department for Work and Pensions' (DWP) consultation on defined benefit (DB) consolidation as a way to address scheme covenant issues.
BMO Global Asset Management has opened a UK fiduciary management business, promising a "truly open architecture" approach to deliver "better client outcomes".