News

The Pensions Regulator (TPR) has fined a former accountant £4,987 after he failed to enrol staff into a workplace pension scheme.

The date investors trapped in the Woodford Equity Income fund will receive their first capital distribution once the fund’s winding up process has begun has been pushed back to 30 January, Link Fund Solutions said.

Collective defined contribution (CDC) schemes will offer members and employers a more satisfactory balance between affordability and security if they can meet both parties’ needs, according to Unbiased.

The Pension Protection Fund (PPF) has secured the benefits of 4,000 members of the Carillion Rail Pension Scheme after it became the 1,000th scheme to transfer to the lifeboat fund.

Five dates in January have been set for meetings to look at reforming the Universities Superannuation Scheme (USS) with the Universities and College Union (UCU) and Universities UK (UUK).

The industry is urging the government to prioritise combatting pension scams in 2020, according to research by the Society of Pension Professionals (SPP).

Octopus Group clean energy investments arm Octopus Renewables has won a new UK corporate pension mandate with the National Grid UK Pension Scheme to invest £185m in national solar and onshore wind assets.

The Pensions and Lifetime Savings Association (PLSA) has welcomed the reintroduction of the pension schemes bill, after the government reaffirmed the details in the reopening of parliament this week.

A group of 11 pension and investment funds have filed a resolution calling for Barclays to stop offering loans to fossil fuels companies.