THE GOVERNMENT is refusing to amend new regulations that hold administrators liable if members breach the £1.5m lifetime allowance.
Prior to April’s tax simplification changes, administrators were only required to carry out a “rough check” on a member’s retained benefits. Now, they must account for any changes and contact HM Revenue...
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