Pensions reform minister James Purnell is to meet with trade union Amicus over proposals to reverse The Pensions Regulator's controversial Kvaerner ruling.
The regulator sparked controversy in May when it agreed that TH Global – which now operates the UK arm of Norwegian engineering group Kvaerner – could sever links with it pension fund in return for a payment...
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.
Aegon Master Trust, Fidelity Master Trust and Ensign have sent off their authorisation applications to The Pensions Regulator (TPR).
Self-administered pension funds spent £15bn on payments to pensioners in Q4 2018, but received just £12bn in contributions (net of refunds), Office for National Statistics (ONS) data reveals.
Aberdeen Standard Investments (ASI) and Gresham House are to team up to form a joint venture.