The Pensions Regulator is enabling the option for DB schemes to renegotiate recovery plans to repair scheme deficits, says the regulator in its reviewed Corporate Plan 2009-2012.
TPR chairman David Norgrove and chief executive Tony Hobman said that the position of trustees of a scheme in deficit is "akin to an unsecured creditor," while making clear that the "best support for a...
A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.
The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.
Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.
Some 70% of defined contribution (DC) members want to know their scheme is personalised and tailored to their needs, an Invesco language study reveals.