The legal definition of fiduciary duty must be changed to halt "dysfunctional" interpretations by trustees, FairPensions argues.
The responsible investment group argues trustees' fiduciary duty to act in members' interests has been routinely misunderstood to mean ‘the duty to maximise returns'. The report claims this leads pension...
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