Pensions minister Steve Webb has reiterated his interest in providing guaranteed returns in defined contribution schemes to create of risk-sharing ‘defined ambition' vehicles, describing it as a "stunning sales pitch".
Speaking at the Cass Business School, Webb said the idea of a member paying an up-front premium in return for guaranteed returns would give incentive for members to stay. The premium would also tackle...
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