Scottish Widows has invested a further £30m in a major workplace savings programme to improve products and services for its corporate pension clients.
The provider also said it is planning to set up a master trust to offer more choice to employers looking to restructure their pension arrangements. The new investment will be used to its ‘driving pensions...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers