Frank field is a good thing for pensions and the government will make the necessary legislative changes to allow CDC, according to industry
While acknowledging the 24/7 nature of trustee responsibility, Alan Pickering argues that formal trustee meetings are as important as ever
This week's top stories included the pension tax relief consequences of the Scottish government's decision to differ tax bands for Scottish workers compared to the rest of the UK.
Proposed standards for professional trustees due to come into force next year will be "too easy to game" and "a silly compliance exercise" if they are not accompanied by tangible metrics, Richard Butcher has warned.
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.
This week's top stories included Tom McPhail calling on occupational pension schemes to get involved in a working group attempting to reduce delays in transfers.
The Pensions Regulator (TPR) has revised its definition of a 'professional trustee' as it moves to improve standards and introduce accreditation of the role.
Rachel Croft says there is a lack of clarity over what constitutes good trusteeship and governance.
The industry has warned that asset managers which fail to sign up to the code of transparency will face tough scrutiny by schemes and could risk being sacked.
The watchdog should revisit its new description of professional trustees to clearly distinguish them from other types of trustee, according to the Pensions Management Institute (PMI).