The Daily Mail and General Trust pension fund has launched a programme to encourage members affected by the reduced tax-free lifetime allowance to apply for fixed protection.
The scheme has e-mailed all 196 members who could potentially exceed the allowance – which will be cut back form £1.8m to £1.5m from April – to prompt them to take action. The members were given access...
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