A bus company and its managing director have been fined more than £60,000 after they admitted trying to avoid providing its employees with a workplace pension.
Stotts Tours (Oldham) and managing director Alan Stott were fined for deliberately failing to put 36 staff members who met the eligibility criteria into a pension scheme and pay minimum employer pension...
This week's top stories included the Department for Work and Pensions issuing two separate consultations on the pensions dashboard and defined benefit consolidation.
A regime similar to that for defined contribution (DC) master trusts will be set up for regulating defined benefit (DB) consolidators under plans announced today.
Defined benefit (DB) superfunds that wish to enter the market must talk to The Pensions Regulator (TPR) about their plans before opening for business.