Bulk annuity provider Synesis Life has been informed by the FSA that the UK regulator is "minded" to provide the firm with authorisation.
Chief executive Isabel Hudson said that she saw the move as a “significant” step towards fully launching its business. Hudson added that the firm had had an “extremely” positive response from the marketplace...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
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).
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.
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