The industry has reacted with a mixture of support and scepticism at MPs' recommendations to reform the defined benefit (DB) pension system.
A report published by the Work and Pensions Committee (WPC) on 21 December said The Pensions Regulator (TPR) should be able to impose more punitive fines on sponsors and be nimbler to intervene more effectively...
Royal London saw its new group pension business decline over the first half of 2018 as the rollout of auto-enrolment (AE) drew to a close, according to its interim results.
Now Pensions has made "huge progress" in resolving legacy administration issues - switching systems and completing unit adjustment for a "large proportion" of members, it says.
Trustees of the Airways Pension Scheme (APS) will not make a firm decision on whether to appeal the Court of Appeal's judgment on discretionary increase payments until September.
Accountant Hashmukh Shah has pleaded guilty to deliberately providing false information to The Pensions Regulator (TPR) when stating a pension scheme had been set up for staff of a London-based restaurant.