The Pensions Regulator (TPR) has told the Work and Pensions Committee (WPC) it has launched a probe to decide whether there is any basis for using its anti-avoidance powers with regards to Carillion.
In a letter to the WPC chairman Frank Field, TPR chief executive Lesley Titcomb said it was working closely with all parties - including the pension scheme trustees, the Pension Protection Fund (PPF),...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.