The Office of Fair Trading's (OFT) final report into the defined contribution (DC) pensions market has concluded there are major weaknesses threatening members' savings.
Legacy charges, small trust-based schemes, complexity and poor quality information were all identified as potential risks in the market. Here are the OFT's main recommendations in full: - Dealing...
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