Four trustees of Pakistan International Airlines' Retirement and Death Benefits Plan have been fined £500 each by the regulator for failing to audit accounts on time for two years in a row.
Trustees or managers of most schemes have a legal obligation to obtain audited accounts and an auditor's statement about contributions every year. The Pensions Regulator (TPR) said in a statement that...
An analysis of IGC annual reports finds some lacking in information on value for money, costs and charges, and investment performance. James Phillips explores the findings
A new cost transparency solution is being developed for pension schemes by a financial services technology firm.
Supermarket giant Asda's plans to reform its pensions have been decried as "unfair, unreasonable and unnecessary" as the workers' union began talks with the employer.
The Pensions Administration Standards Association (PASA) has launched a checklist to help trustees with the rectification process for guaranteed minimum pensions (GMP).