News

The pension freedoms have had unintended consequences which should have been foreseen, Michael Johnson has said.

Respondents say there has been some success with automatic enrolment (AE) but members are still not saving enough.

This week's top stories include The Pensions Regulator barring three trusteeships, and the Competition and Markets Authority's investigation of investment consultants and fiduciary managers.

The government has clarified its stance on salary sacrifice car schemes following confusion within the industry over the changes announced in last year's Autumn statement.

Experts have said the successful application of technology can shed light on members' needs and encourage better savings habits.

The "legislative paralysis" since June's snap general election and the dominance of Brexit debates means the Chancellor could tinker with "monstrous" tax relief in his Autumn Budget in November, Sir Steve Webb has said.

Frank Field MP has written to The Pensions Regulator (TPR) seeking information about how members' benefits will be safeguarded in the new British Steel Pension Scheme (BSPS).

The Competition and Markets Authority has (CMA) set out the coverage of its "thorough and independent" investigation of investment consultants and fiduciary managers, and what action it could decide to take.

The Pensions Regulator (TPR) has rebuffed criticism it is being 'heavy-handed' where trustees fail to submit scheme returns, after issuing a record 45 fines in Q2.

Harus Rai has been appointed by Capital Cranfield as head of sole trusteeship.