TPT Retirement Solutions is urging government to improve governance of professional trustees, while introducing greater scrutiny of the adviser and consultancy market. The workplace pension provider said both are needed as consolidation...
Veteran pension campaigner Ros Altmann is calling for changes to the small pot proposals in the Pension Schemes Bill, which would lengthen the time needed for a pension to be deemed 'lost',...
Broadstone is calling for stronger governance standards for pension scheme trustees, as the DC sectors looks to consolidate. Responding to the Department for Work and Pensions’ (DWP) consultation on this issue, the...
Pensions UK has called on the government to withdraw its reserve mandation powers from the forthcoming Pension Schemes Bill. These reserve powers effectively allow the government to direct how schemes invest members...
There is widespread support for the revised Value for Money (VfM) regulations, but the industry is calling for further refinements particularly around forward-looking metrics, to deliver good member outcomes and ensure a...
Sackers has issued guidance and tips for trustees looking to prepare their first ‘own risk assessments’ (ORAs). Depending on the scheme's reporting dates, some trustees will be looking to complete these assessments...
The UK’s department for Business and Trade has published the government’s finalised Sustainability Reporting Standards, which mandates corporate disclosure of sustainability rated risks. The second set of regulations launched simultaneously targets climate...
Consolidation of DC schemes towards larger plans could stifle innovation and create an environment with little variation, according to former pensions minister Steve Webb. Webb, who is now a partner at consultancy...
Minimum standards could drive a “step-change” in quality across areas such as administration platforms and integrated service providers, claims insurance tech firm Lumera. In its response to the Department of Work and...
FCA proposals to improve pension transfers have been slammed as “anti consumer” and “anti competitive” by a leading Sipp provider. AJ Bell CEO Michael Summersgill said the planned reforms risk delaying pension...
