Old, high-charging pension arrangements and small trust-based schemes are a threat to £40bn of defined contribution (DC) savings, the Office of Fair Trading has found.
Its report into the workplace defined contribution (DC) market found £30bn is invested in contract and bundled-trust legacy arrangements that "may not be value for money" for savers. Similarly, a further...
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