The Pensions Regulator (TPR) is consulting on changing its definition of professional trustees and is also reviewing its penalty policies for breach of duties.
The consultation is part of the regulator's 21st century trustee initiative which aims to ensure governance is robust and moves with the times. The watchdog explained it wants to send a strong message...
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Baillie Gifford and Montanaro are the first asset managers to sign up to a new transparency code to help the Local Government Pension Scheme (LGPS) get a better handle on investment costs.
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.