News

Former BHS owner Dominic Chappell has been ordered to pay £124,000 after losing an appeal against his conviction for failing to provide information to the regulator.

Defined benefit (DB) schemes are set to shear themselves of over £300bn of liabilities between 2019 and 2021 as they continue to mature, Mercer predicts.

This week's top stories include the Competition and Markets Authority issuing its final report for the investigation into investment consultants, and The Pensions Regulator launching its first fraud prosecution.

People in their mid-career aged 35-49 are the most likely to struggle with saving for retirement, according to Aon's 2018 defined contribution (DC) and financial wellbeing member survey.

Females can expect to live a greater number of years in poor health than males, according to data from the Office for National Statistics (ONS) for 2015 to 2017.

Scottish higher-rate taxpayers will benefit from more pensions tax relief than workers on the same salary anywhere else in the UK as income tax bands continue to diverge.

Schemes risk breaking the law and being forced to wind up as The Pensions Regulator (TPR) warns some may be master trusts but do not know so.

Railways Pension Trustee Company chief executive Phil Willcock has quit the scheme after only 10 months to take up a position as head of AIG UK Life.

The Financial Conduct Authority (FCA) has launched a consultation on how to enable defined contribution (DC) savers to invest in patient capital via unit-linked funds.

The Pension Protection Fund has published its final levy rules for 2019/20 following a consultation launched in September.