Defined contribution members could be unaware that their policy is not protected against losses resulting from the collapse of an insurer, warns Pitmans Trustees.
The independent trustee firm said the problem stemmed from a lack of clarity from insurers of re-insurance credit risk. Managing director Richard Butcher (pictured) explained: "If someone takes out...
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