TPR

Defined contribution provision provides a "grossly inadequate" income and is condemning future elderly to a life of poverty, research by a think tank reveals.

Trustees should monitor sponsor covenant to the same extent as fund performance, latest guidance from The Pensions Regulator says.

The Pensions Regulator is expected to argue in the High Court today that a liability that flows from a financial support direction should be treated as an administration expense.

Administrators for Nortel Networks and Lehman Brothers are challenging The Pensions Regulator in the High Court over the watchdog's ability to impose a financial support direction against them.

Having accurate data is integral for individual schemes but is also important for ensuring confidence in the whole system, delegates heard.

It is wrong and "possibly illegal" for trustees to fully embrace The Pensions Regulator's stance on enhanced transfer value exercises, Raj Mody says.

TPR business delivery director June Mulroy explains why it is taking so long for some schemes to wind up

The current time it takes for pension schemes to complete the wind-up process is "Dickensian", The Pensions Regulator says.

The Pensions Regulator is urging trustees and administrators to adopt a tool that will speed up reconciliation of data in contracted-out pension schemes, by up to two years.

Schemes are continuing to reduce investment risk by shifting towards gilts and fixed interest and away from equities, data from the Purple Book reveals.