News

The UK pension system is unfair on young people and the self-employed, a poll by the Society of Pension Professionals (SPP) has said.

The Financial Conduct Authority (FCA) has confirmed the 20 members and four observer organisations of its Institutional Disclosure Working Group.

The age when members can access pension pots should rise in line with increases to the state pension age to keep a 10-year gap.

The government has confirmed it will implement the reduction of the money purchase annual allowance (MPAA), originally due to take effect in April, retrospectively.

Gregg McClymont has been appointed to senior positions at the Pensions Quality Mark (PQM) and the Financial Conduct Authority's (FCA) working group on institutional transaction costs.

This week's top 5 include TPR's research found smaller schemes are failing to meet basic governance standards, and union action over Royal Mail's planned DB closure.

The Pensions Regulator (TPR) will prosecute a bus company and one of its directors after it failed to comply with its duties to provide a workplace pension.

Listing on LSE on 17 October

Coverage of the growth of the Universities Superannuation Scheme (USS) deficit is 'scaremongering', former pensions minister Baroness Ros Altmann has told the House of Lords.

British Airways (BA) will launch a consultation with members of its New Airways Pension Scheme (NAPS) on plans to close the scheme to future accrual.