Asset managers should be subject to similar regulation to annuity providers if they are to get involved in the retirement income market, argues the Financial Inclusion Centre.
Speaking at yesterday's Retirement Review conference, the centre's director Mick McAteer said such regulation could increase costs. "If asset managers think they are going to get into this market in...
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