Regulatory authorities must consider the UK's unique reliance on annuity providers for retirement income when it comes to implementing Pillar I of Solvency II, Mercer says.
The consultant "cautiously welcomed" the consultation process being used to develop the detailed aspects of the EU Solvency II framework directive. However, it stressed that efforts must be made to...
This week's top stories were the DWP giving the green light to CDC and TPR granting extensions for 11 master trust authorisation applications.
Susan Martin says building strong foundations for business are the only way forward as the pensions industry is radically shaken up
The Pensions Regulator (TPR) has granted Now Pensions a six-week extension for its master trust authorisation application after the 31 March deadline, PP can reveal.
The Pensions Regulator (TPR) has granted 11 master trusts extensions to apply for authorisation, as it confirms it has received 22 applications ahead of the 31 March deadline.