Legislation must be introduced to stop the cost of master trust wind-ups falling on members, the pensions minister says.
Giving evidence to the Work and Pensions Committee yesterday (9 March), Baroness Altmann said she had been pushing for the necessary legislation to be introduced - and warned that doing nothing was "not...
This week's edition of Professional Pensions is out now.
The government is in talks with the UK and Irish pensions regulators over how to protect members of cross-border schemes in the event of a no-deal Brexit.
The equalisation of guaranteed minimum pensions (GMPs) is at least two years away from being completed, and could take longer than four years for some schemes, a poll has found.
The Pensions Regulator will consider if schemes should be required to have professional trustees and assess the case for greater regulation of administrators and system providers, PP can reveal.