TPAS warning over ‘regulatory blackhole' for DC switch incentives
Members face a "regulatory blackhole" if they accept incentives to leave a final salary scheme and move into a defined contribution plan, experts warn.
The Pensions Advisory Service chief executive Malcolm McLean said employees who took a cash incentive from an employer would not be covered by any ombudsman service if they had problems with the deal....
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PP research: Struggling businesses should not be allowed to suspend AE contributions
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Dominic Chappell loses appeal against BHS conviction
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).
Five stories you may have missed this week
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.
TPR: We want to build better relationships with schemes to protect savers
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