The Pensions Regulator (TPR) has significantly increased the use of its formal powers to ensure small and micro employers comply with their auto-enrolment (AE) obligations.
The watchdog's interventions between April 2015 and March 2016 had increased by 306% since the previous year, using its formal powers 8,812 times in the period, according to its annual commentary and analysis....
Mark Evans has been appointed as a director at Independent Trustee Services (ITS) to lead trustee appointments in London.
The Pension Protection Fund (PPF) is consulting on changes to the actuarial assumptions it uses in valuations in a bid to better reflect the bulk annuity market, with schemes set to move into surplus on aggregate.
Private sector defined benefit (DB) schemes were 96.3% funded on a Pension Protection Fund (PPF) compensation basis at the end of July, according to the lifeboat fund's monthly index.
Conduent has completed the sale of its actuarial and human resource consulting business to private equity investor, H.I.G. Capital.