The independent governance committee (IGC) for Prudential has improved value for money for members by simplifying charging structures and starting to shut expensive funds, according to its third report.
Published today, the report said all complex charging structures were eliminated by the end of 2017. This included removing monthly administration fees and taking out initial charges for individual pension...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers