department for work and pensions

A consultation has been launched on granting stronger powers to The Pensions Regulator (TPR) as the government seeks to address "misuse" of flexibilities in the defined benefit (DB) funding system.

The Department for Work and Pensions has launched a consultation on proposals to improve the regulator's powers and increase DB member protections. Here are the key questions it is asking...

Respondents say it is a bad idea to state the extent member views are taken into account when setting investment strategies.

The number of people saving into a workplace pension has hit an all-time high, with 17.7 million people actively participating last year, latest government data shows.

Handing the pensions watchdog extra powers will not be enough without a significant overhaul of its culture and reputation, according to a damning report. Stephanie Baxter considers the criticisms

The Department for Work and Pensions (DWP) expects to consult on trustees' legal duties to consider environmental, social and governance (ESG) risks from next month.

The Work and Pensions Committee (WPC) has announced an inquiry into proposals within the government's white paper on defined benefit (DB) schemes.

Investment and law firms have the highest median gender hourly gender pay gaps out of nearly 100 pension-related firms reporting, James Phillips writes.

The Work and Pensions Committee has called for the government to introduce an auto-drawdown option while allowing NEST to offer decumulation products, James Phillips reports

The pressure of "excessive regulation" is causing a drop in the number of lay trustees and deterring people from taking up the role, according to this week's Pensions Buzz respondents.