Almost a fifth of defined contribution (DC) pension schemes will offer flexible drawdown as a result of the freedom and choice reforms, according to research.
Linklaters, which carried out the study, said this was higher than expected given the administrative complexity and likely higher costs involved in providing the pension freedoms. The survey of 70 trustees...
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