News

This week's top stories included coverage of the Pensions Regulator issuing the maximum fine to a professional trustee, ABI's data on pension freedoms, and rising inflation.

Absolute return vehicles are coming under scrutiny from the Financial Conduct Authority (FCA) as part of its work looking at whether asset managers are offering investors value for money.

Long-awaited changes to the Pension Protection Fund (PPF) compensation cap are facing continued delays, PP understands

A consultation into capping early exit charges for occupational pensions has revealed how "torturous and more opaque" the system is compared to personal pensions.

Brick maker Ibstock is consulting on closing its defined benefit (DB) scheme to future accrual, potentially affecting 40% of the company's UK staff.

The regulator should completely ban all pension early exit charges to prevent any saver being penalised for taking advantage of the freedom and choice reforms, Hargreaves Lansdown has said.

Royal London has posted a significant increase in new business thanks to employers switching their auto-enrolment (AE) schemes from other providers.

Co-operative Bank has been given the right to a refund of surplus in the Britannia Pension Scheme, after consulting the trustee and lawyers.

The Pensions Regulator (TPR) has issued PTL with the maximum fine after it failed to prepare annual governance statements for three schemes.

More than 100,000 people have signed a parliamentary petition to demand the government re-consider proposed changes to the Local Government Pension Scheme (LGPS) investment regulations.