TPR

The DB white paper sets out plans to review the funding regime, with 'prudent' and 'appropriate' possibly redefined. But James Phillips asks if this could this signal a return to an MFR-like approach

While the new powers are welcome, most respondents doubt it will make a difference to the outcomes for members, Pensions Buzz respondents say.

Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.

The FCA and TPR are seeking input on how best to collaborate in regulating the retirement income market over the coming decade, in the wake of the introduction of both pension freedom and auto-enrolment.

Enhanced powers for The Pensions Regulator (TPR) to prosecute and fine company directors who "wilfully or recklessly" put their defined benefit (DB) pension scheme at risk will be hard to enforce, commentators say.

Responses to the Professional Trustee Standards Working Group's consultation have flooded in. While the industry mostly welcomes the proposals, there is disagreement on some areas, writes Kim Kaveh.

A new criminal offence of neglecting pension responsibilities will be announced in a pensions white paper this week, the prime minister has confirmed.

Ros Altmann calls for urgent action on 'net-pay' schemes, warning the impact on low earners will significantly worsen with contribution rates set to rise to 5%.

The government is "minded to assist" any collective defined contribution (CDC) proposal that may arise from Royal Mail and the Communication Workers Union (CWU), Guy Opperman has said.

The initial funding level test criterion for the new British Steel Pension Scheme (BSPS) have been "comfortably met", according to the trustee.