Sobering reading for lay trustees
The Pensions Regulator (TPR) issued almost four times more auto-enrolment non-compliance notices against employers in last three months than in the previous quarter, official figures show.
Top stories this week included an interview with the pensions minister, worrying gaps in trustee knowledge and the news that some LGPS funds are paying asset managers 43 times more than others.
Research from The Pensions Regulator (TPR) highlighted major gaps in trustee knowledge. Here are five key findings.
Half of schemes with non-professional trustees do not believe all of these trustees have knowledge levels meeting the standard in the regulator's code of practice.
Many trustees think their DC scheme assets are protected by the FSCS but this may not be the case. Helen Morrissey looks at why trustees need to be aware of how DC assets are protected.
Big data is changing the way many industries operate, Michael Klimes asks if it can do the same for pensions
The Pension's Regulator (TPR)'s lack of power to discipline master trusts could lead to bad outcomes for members according to the Pensions Policy Institute (PPI).
A ten-foot-tall monster is warning smaller employers not to ignore auto-enrolment in an advertising campaign launched by the Department for Work and Pensions (DWP) today.
The Pensions Regulator (TPR) has launched a website to help small employers through the auto-enrolment process.