Pension Schemes Bill

A surprise general election is in store in just over month, but battle lines are yet to be drawn. James Phillips explores where pensions sit in the chaos.

This week we want to know if TPR is becoming more heavy-handed and whether its new investment guidance will help defined benefit trustees set better investment strategies.

Labour has accused The Pensions Regulator (TPR) of being too passive in improving member representation in master trust governance.

The government is planning to release proposals on pension scams, reducing fees and charges, and improving transparency "very soon", according to Richard Harrington.

The Pensions Regulator's (TPR) powers to authorise master trusts will be the "cornerstone" of its drive to consolidate the defined contribution (DC) market according to Andrew Warwick-Thompson.

The government should clarify how failing master trusts can be wound up and taken over to ensure members are not left in limbo, according to Adrian Boulding.

The Pension Schemes Bill should provide for a shortened authorisation process for schemes which have achieved the Master Trust Assurance Framework (MAF), Smart Pension has said.

This week's top stories included reports that the Pensions Regulator and Sir Philip Green may be close to a deal over the BHS pension schemes.

Work and pensions minister Damian Green has confirmed the government will consult on hidden costs and charges later this year.

Shadow work and pensions minister Debbie Abrahams has attacked the government for a lack of detail in the Pension Schemes Bill.