Increased scrutiny from the media, the private sector and council tax payers has forced local councils to improve scheme governance, a law firm claims.
But Wragge & Co says councils will need to enhance governance arrangements when tougher regulations come into force from March next year. Partner Paul Carberry said: “It is imperative existing solid...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers