TPR

The Pensions Administration Standards Association (PASA) has launched a checklist to help trustees with the rectification process for guaranteed minimum pensions (GMP).

This week's top stories included The Pensions Regulator naming schemes and trustees for chair's statements failures, and coverage of the final day of the Box Clever case in the Upper Tribunal.

Most respondents believe watchdog's powers should not apply to events before they came into force.

The Pensions Regulator (TPR) has named six schemes and their professional trustees which failed to produce compliant chair's statements.

The Sea Containers 1983 Pension Scheme has been fully insured in a bulk annuity deal completed by Aviva, almost a decade after receiving the regulator's first financial support direction (FSD).

Ensuring British Steel workers were well-equipped to make a decision on their future pension provision was "afforded insufficient priority", and the regulator now needs to review the process, the Work and Pensions Committee (WPC) has said.

This week we want to know whether investment strategies are becoming too complex for the average member-nominated trustee without having actuarial and legal advice.

The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) are to produce a joint strategy on how they will collaborate to regulate the sector over the next decade.

The trustees of the Box Clever Group Pension Scheme committed a form of "reverse moral hazard" by running the scheme on while its participating employers were in administrative receivership, ITV has claimed.

The trustees of the Box Clever Group Pension Scheme made a "perfectly reasonable and right" decision to delay triggering a Pension Protection Fund (PPF) assessment period, the Upper Tribunal has heard.