The smallest occupational schemes will only have to send scheme returns to The Pensions Regulator once every five years under the draft pensions bill published today.
The move which will affect more than 33,000 schemes with four members or fewer is designed to cut administrative costs for the watchdog and the schemes. In an impact assessment, the Department for Work...
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).