penny cogher
Getting a better bulk annuity price from your insurer
Nimble footwork enables small schemes to compete with the big boys in the buyout market, says Stephanie Hawthorne.
TPR receives over 100 reports of employers encouraging staff to opt out of pensions
The Pensions Regulator (TPR) has received more than 100 allegations of employers inducing their employees to opt out of pensions in the last three years, it has revealed.
DWP seeks change to PPF compensation rules on transferred-in benefits
The Department for Work and Pensions (DWP) has launched a consultation to clarify how the Pension Protection Fund (PPF) should treat transferred-in defined benefit (DB) entitlements when calculating compensation.
How HMRC's guidance on money laundering rules helps trustees
Michael Klimes examines whether clarification on new money laundering rules will ease additional obligations on schemes.
TPR's professional trustee definition welcomed but penalty policy has 'sting in the tail'
The industry has welcomed The Pensions Regulator's (TPR) revised definition of professional trustee, but has warned all trustees to be aware of the updated monetary penalty policy.
Supreme Court ruling on death benefits will raise costs for DB schemes
After the landmark ruling in the Walker vs Innospec case, schemes must review how they award death benefits for members, writes Michael Klimes
Should it be mandatory for schemes to appoint a lawyer?
Michael Klimes asks if introducing a requirement to appoint scheme lawyers would improve governance
Is TPR getting tougher after securing first criminal convictions?
The regulator has bared its teeth in two court cases involving failure to hand over information vital for its investigations, resulting in its first convictions. Stephanie Baxter asks if it suggests a shift in attitude
Firefighters' case flags age discrimination quandary in pensions
An employment tribunal case about age discrimination against younger firefighters raises questions about intergenerational fairness in pensions, writes Michael Klimes