The Pensions Regulator (TPR) will be given powers to block certain mergers and acquisitions (M&As) to protect pensions if the Conservative Party is re-elected on 8 June.
"Unscrupulous bosses" could also face criminal prosecutions or fines where they have deliberately under-funded a defined benefit (DB) scheme or put it at risk, Theresa May announced on 29 April. Under...
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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.