The Pensions Regulator (TPR) is considering plans to combine its 15 codes of practice into a single, shorter code as part of its 'clearer, quicker and tougher' initiative.
The Department of Work and Pensions (DWP) will amend legislation to allow contracted-out benefits to be transferred into a scheme which has never been contracted-out.
The DWP's GMP equalisation methodology is an improvement but questions remain about far it should be applied. Michael Klimes investigates this dilemma