The Work and Pensions Committee (WPC) has urged the government to introduce new extra duties on big private companies and directors to prevent another BHS failure.
It wants private companies with large defined benefit (DB) pension schemes to be subject to corporate governance rules that currently only apply to public listed companies. Also, it said company directors...
The Pensions Regulator (TPR) has been granted £3.5m of additional funds to boost its compliance and enforcement work, its non-executive chairman Mark Boyle has said.
Paul Pettitt will leave Origo next year after 28 years with the financial technology company that has played a key role in developing the pensions dashboard.
The watchdog's approach has become too aggressive in the last year and it seems to be moving away from a risk-based approach, according to Peter Askins.
Businesses who use a net pay arrangement for defined contribution (DC) funds should reconsider enrolling their lowest earners into that scheme, Baroness Ros Altmann has said.