This week's top stories include the regulator issuing its first fines to master trusts over chair statements, and the CovPress scheme's rescue from the PPF in first-of-its-kind action.
1) TPR fines first master trusts for chair's statement failures The Pensions Regulator has reaffirmed its determination to ensure trustees demonstrate good governance by fining four master trust...
Lloyds Bank has launched a joint legal bid with its pension trustees and unions to equalise guaranteed minimum pensions (GMPs) in a move which could cost the industry £20bn.
A quarter of retirees do not believe they have a large enough nest egg to fund their retirement, research has revealed.
Raj Mody says trustees and sponsors must get a handle on the issue of life expectancy assumptions.
The European pensions regulator has launched its second exercise to test the potential impact on schemes in the event of a market crash or longevity shock.