Pension schemes face formidable challenges in planning for the future. They stand little chance of success if they cannot trust Parliament not to rewrite the past.
In spite of this, the Pensions Act 2011 allows for one of the most fundamental concepts of UK pensions law - that of a "money purchase benefit" - to be redefined for events that happened 17 years ago....
Proposed changes to The Pensions Regulator's (TPR) notifiable events framework so it can be more proactive when corporates make changes will create a very challenging workload, it has been said.
Aviva has created a new pension skill for Amazon Alexa that allows customers to find out how much they have saved towards their retirement.
PP has compiled a list of what to watch out for over the coming months.
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.