High frequency trading of pension fund investments is reducing the value of scheme members' pensions, the Railways Pension Trustee Company chief executive says.
Chris Hitchen, who also heads up the Railways Pension Scheme investment and administration division RPMI, said profits made from the high turnover of equities by asset managers came from the pension benefits...
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