Guy Opperman

The Pensions Regulator (TPR) must be given more targeted powers but maintain flexibility around defined benefit (DB) scheme funding, concludes a survey by the Association of Consulting Actuaries (ACA).

This week's top stories included an analysis finding the cost of equalising guaranteed minimum pensions in schemes could hit FTSE 100 profits by up to £15bn.

A "substantial" parliamentary bill acting as a "roadmap" for the long-term future of private pensions will lead to a "significant period of calm", Guy Opperman has promised.

The Department for Work and Pensions (DWP) has completed its appointment process for the Single Financial Guidance Body's (SFGB) board, naming three non-executive directors.

Pensions and financial inclusion minister Guy Opperman has launched a simplified two-page annual statement in a bid to provide a best practice template for the industry.

The Transfers and Re-registration Industry Group (TRIG) has given its support to an initiative which aims to complete occupational pension transfers within three weeks.

The government is "in daily contact" with industry figures over the pensions dashboard as it prepares for the roll-out and its feasibility report, Guy Opperman has said.

This week's top stories included The Pensions Regulator's announcement that 30 master trusts have or will exit the market, and industry experts calling for the watchdog to reveal the names of those master trusts.

The government is aiming to legislate for the pensions dashboard, defined benefit (DB) reform, and collective defined contribution (CDC) schemes next year, Guy Opperman has said.

Pensions minister Guy Opperman says the new master trust regulations are vital to protect the pensions saving revolution of auto-enrolment.