News

Scottish pensioners will have to wait more than a decade longer than their English counterparts to enjoy a third of their adult life in retirement under state pension reforms, according to the Pensions Policy Institute (PPI).

The Department for Work and Pensions' (DWP) consultation on limiting charges for schemes used for auto-enrolment (AE) was not transparent enough, according to the Pensions Policy Institute (PPI).

Trustees making scheme registration enquiries to HM Revenue and Customs (HMRC) before making transfers have faced up to a five-month wait, PP can reveal.

Trust-based schemes and third-party administrators (TPAs) should adopt a common declaration process in order to reduce time and cost of transfers by up to 80%, Origo says.

The Pensions Regulator (TPR) investigated more than 500 suspected breaches of auto-enrolment (AE) legislation in just six months and 590 in total since October 2012, PP can reveal.

The Pension Protection Fund (PPF) is consulting on changes to the valuation assumptions it uses, which could increase the number of schemes entering the lifeboat fund.

HM Treasury has appointed the Pension Protection Fund's (PPF) Martin Clarke to replace Trevor Llanwarne as government actuary.

The Health and Work Service (HWS) is expected to compliment not conflict with in-house occupational health (OH) services, the Department for Work and Pensions (DWP) says.

Providers running the national Health and Work Service (HWS) will not be incentivised to return people to work.

Links between employers and the Health and Work Service (HWS) will be "very important" but will not be required in every case, the Department for Work and Pensions (DWP) has admitted.