The design of some occupational pension funds will be affected by the abolition of the default retirement age despite government promises schemes would not be affected, experts warn.
Last week, the government published its response to its consultation on proposals to phase out the DRA. It said: “The absence of a DRA does not affect the setting of a ‘normal retirement age’ or ‘normal...
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