Employee benefit consultants are failing to recommend master trusts because of a lack of financial gain for advisers, The Pensions Trust says.
The SPC president talks to Helen Morrissey
The Pensions Regulator's (TPR) decision to publish a guide advising smaller employers to avoid trust-based defined contribution (DC) schemes has been slammed by the industry.
Continuing pressure to bring down charges could lead to a greater trend towards passive management, Society of Pension Consultants president Roger Mattingly says.
Society of Pension Consultants (SPC) president Roger Mattingly is to join PAN Group in July 2013.
The Pensions Regulator (TPR) has relaxed proposed guidelines on how trustees and providers of auto-enrolment schemes should report missed payments, after concerns were raised by the industry.
The Department for Work and Pensions (DWP) must avoid penalising the largest employers when it simplifies auto-enrolment legislation, warn consultants.
The Pensions Regulator's proposed approach to trust-based defined contribution could force schemes to close due to regulatory arbitrage, increased compliance burdens, and a lack of clarity, the industry warns.
Jack Jones looks at responses to proposals to add to the regulator’s statutory objectives
The pensions industry has welcomed the Department for Work and Pensions report ‘Reinvigorating workplace pensions', but highlighted that more work must be done.