Mandatory tenders for fiduciary management services should be conducted on a closed basis with no minimum threshold for the number of managers involved, the Pensions and Lifetime Savings Association (PLSA) says.
Company bosses who deliberately dissolve their company to avoid paying pension contributions could be hit with disqualification under government plans.
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) have launched a refreshed ScamSmart campaign to warn savers about unsolicited pension communications.
Women at the Pensions and Lifetime Savings Association (PLSA) earn 16% less on average than their male counterparts, according to its annual report and accounts.
Proposals for mandatory tendering of fiduciary management services, as well as additional guidance for trustees, have been welcomed by industry commentators albeit with some caution.
An overwhelming majority of this week's Pensions Buzz respondents agreed with the Pensions and Lifetime Savings Association (PLSA) that national retirement income targets should be developed to help people understand how much to save for retirement.
Nigel Peaple says the UK should learn from Australia and adopt national retirement income targets.
The Pensions and Lifetime Savings Association (PLSA) has proposed a number of reforms to boost pensions adequacy. Victoria Ticha looks at the recommendations.
The Pensions and Lifetime Savings Association (PLSA) has proposed a number of reforms to boost pensions adequacy, including retirement income targets to show the lifestyle people could afford on different levels of income.