The UK's three million defined benefit pensions are at greater risk of being wound-up early or bought out due to excessive regulation, industry experts warned today.
Confederation of British Industry director-general Richard Lambert said businesses had voiced concern over the past few months regarding the mounting pressure being placed on DB schemes. Lambert added:...
Proposed changes to The Pensions Regulator's (TPR) notifiable events framework so it can be more proactive when corporates make changes will create a very challenging workload, it has been said.
Aviva has created a new pension skill for Amazon Alexa that allows customers to find out how much they have saved towards their retirement.
PP has compiled a list of what to watch out for over the coming months.
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.