The government has ruled out exempting charities from elements of Section 75 in response to concerns ‘last man standing' rules may force the Wedgwood Museum to sell off its collection.
A judge ruled in December that the collection could be sold to the highest bidder to help pay off debts, including a £134m pension deficit, which the museum is responsible for after a string of insolvencies...
The Financial Conduct Authority (FCA) has fined Standard Life Assurance (SLA) nearly £31m after its practices led to conflicts of interest and SLA employees putting their financial needs above those of the firm's customers.
The government has launched a consultation on amending the contribution rules of the NHS Pension Scheme in a bid to mitigate the possibility of members hitting tax allowances.
Aviva has seen a 50% year-on-year increase in the number of enquiries from pension schemes that use investment and administration on separate platforms seeking to move to a bundled provider.
This week's Pensions Buzz respondents were unsure whether Guy Opperman will stay in post as pensions and financial inclusion minister under the new Prime Minister.