TPR outlaws auto-enrolment into small DC and legacy schemes
The Pensions Regulator has forbidden auto-enrolment into small defined contribution and high-charging legacy schemes.
Speaking at the NAPF trustee conference, TPR chairman Michael O'Higgins (pictured) said small DC and legacy schemes are unlikely to display the regulator's six principles and features of good DC and should...
More on Law and Regulation
Latest stories
Regulatory cooperation needed post-Brexit to combat EU-based scammers, says PMI
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Over half of asset managers may miss cost disclosure deadlines, finds LCP
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST appoints four to board as it moves to unitary structure
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Savers expect pension funds to avoid fossil fuels, finds poll
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.