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...
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?