The Pensions Regulator (TPR) needs more funding and staff rather than a larger suite of powers, the Work and Pensions Committee (WPC) has been told.
MPs heard that TPR's current set of powers allow it an adequate oversight of defined benefit (DB) schemes, but a larger remit due to new pensions policy, such as auto-enrolment (AE), means it lacks peoplepower....
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point