SHORTCOMINGS in important areas of governance continue to undermine a "significant minority" of trust-based schemes, says The Pensions Regulator.
Chief executive Tony Hobman claims much work has been done to improve the way schemes are governed in areas such as conflicts of interest and credit ratings of sponsoring employers, but insists to take...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter