Birmingham City Council has disclosed a defined benefit scheme deficit of £1.4bn in its latest set of accounts.
According to the report the local authority's pension liabilities stand at £4.1bn but assets, as of 31 March this year, were £2.7bn. However, the council said it had seen a reduction in the scheme deficit...
Hargreaves Lansdown and Liberty SIPP have again been named as the slowest two providers to move pensions through Origo's Transfer Service.
The Pensions Regulator (TPR) increased its use of frontline powers by 32% over the last year, it confirmed in its annual report and accounts.
The Pensions Regulator (TPR) is considering plans to combine its 15 codes of practice into a single, shorter code as part of its 'clearer, quicker and tougher' initiative.
HM Revenue and Customs (HMRC) does not know how many people it has fined for breaching pension tax relief rules, a Freedom of Information request has revealed.