TRUSTEES who "surrender trust power too quickly" to the Pension Protection Fund could face legal action from members, a law firm warns.
Ashurst solicitor Ian Jackson said trustees of schemes on the cusp of entering the PPF might seek advice from the pensions lifeboat ahead of an insolvency event by their sponsoring employer – the “trigger”...
Professional Pensions is holding its defined contribution (DC) conference on 4 September.
An unnamed London-based employer has been hit with a £350,000 fine from The Pensions Regulator (TPR) for failing to fully comply with its pension duties.
XPS Pensions has enhanced its fiduciary management selection service in order to help trustees through initial selection and mandatory re-tendering.
One in five defined benefit (DB) schemes are in The Pension Regulator's (TPR) weakest two categories, analysis by Hymans Robertson has revealed.