TPR

Trustees can expect The Pensions Regulator (TPR) to intervene in their favour if sponsors are not fulfilling their obligations to a scheme, Andrew Warwick-Thompson says.

While many will be pleased that The Pensions Regulator is taking a tougher line on the dividends companies with pension scheme deficits should pay, Jonathan Stapleton says any action will be difficult to enforce.

The watchdog wants amendments to the way defined benefit (DB) schemes are assessed so it can be "more efficient and effective", according to its response to the government's green paper.

Trustees of the two British Home Stores (BHS) schemes have sent 18,000 letters to members explaining the options available to them following the deal reached earlier this year.

PP research shows government polies on triple lock and state pension age review are most likely to fall away.

According to the DWP

The majority of defined benefit (DB a schemes remain affordable but many should do more to tackle increased deficits and reduce risk to pensioners, The Pensions Regulator (TPR) says.

The combined force of a more heavy-handed regulator and market conditions in a post-Brexit world will cause some defined benefit (DB) trustees to put greater demands on their scheme sponsor, Barnett Waddingham predicts.

This week's top stories include estimates suggesting a 20% flat rate of tax relief could save the Treasury £13bn.

The UK has awoken to shock news that the Conservative Party has failed to secure an overall majority, leaving the future government hanging somewhat in the balance.