The Department for Work and Pensions (DWP) paper on defined ambition expected this summer will set out plans to introduce large scale collective defined contribution (CDC) schemes to the UK.
The department is looking at several different models of CDC as part of pensions minister Steve Webb's defined ambition (DA) project. A spokesman for the DWP confirmed the department had "had positive...
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