The Pensions Regulator denied it has set the bar ‘too low’ after authorising 33 out of the 38 master trusts that have applied for authorisation. Speaking at the Corporate Adviser Summit, Nick...
The FCA has fined Prudential over £23m for failures relating to non-advised annuities sales by its direct sales force which was incentivised through big bonuses and spa breaks. It has been forced...
The issue of pension scheme governance has risen up the policy agenda dramatically in recent years driven primarily by the establishment and expansion of auto-enrolment. The extra scrutiny involved has seen both the...
From the start of October 2019, trustees overseeing auto-enrolment defined contribution schemes will be obliged, by law, to give due consideration to a greater number of factors that may impact the performance...
The Pensions Regulator will prosecute the director of a professional trustee firm for failing to provide adequate information regarding 16 different pension schemes. Michael Woolley is both a director and shareholder in Southbank...
Aviva Master Trust and The Workers Pension Trust have both received authorisation from The Pensions Regulator. This announcement brings the total number of authorised trusts up to 20. It is understood that the...
The Pensions Regulator has confirmed that The People’s Pension, Atlas Master Trust and The Cheviot Pension have now been authorised. The People's Pension is one of the largest master trusts in the...
Nest is the latest pension provider to join the Star initiative, an industry-wide group aimed at driving up standards in the pension industry, and reducing transfer times. This ABI-hosted pensions working group...
The Government has confirmed it will review all public sector pension schemes after a Supreme Court ruling that changes made to the firefighter’s pension in 2015 were discriminatory to younger workers. Government...
Mercer is the latest master trust to receive authorisation from The Pensions Regulator. This brings the total number of authorised master trusts to 11, with up to 30 applications still pending. Other authorised...
