EMPLOYERS are adopting a more relaxed approach to scheme funding arrangements because they regard The Pensions Regulators' powers as "empty threats", claim lawyers.
Since the watchdog’s inception 18 months ago no employer has been hit with a contribution notice – requiring part or all of a funding shortfall to be paid – or a financial support direction to address...
This week's top stories included Legal & General acquiring MyFutureNow to provide a dashboard service to customers, while also agreeing a hybrid buy-in with a Hitachi scheme.
NEST has signed up to the government-backed Star Initiative, taking all of its 8 million members' pension pots with it.
It is perhaps inherently difficult to find an agreed definition of value for money, but some methodologies could act as a stopgap, argues Jonathan Stapleton.