The Association of Professional Pension Trustees (APPT) has slammed the regulator’s plan to introduce a statement of strategy (SoS) criticising its “onerous data requirements” which it says are unlikely to benefit members. ...
The Pensions Regulator has appointed three executive director to head up its new regulatory divisions following its restructuring. All three are internal appointments with the roles held on an interim basis, while...
The Department of Work and Pensions has published a revised timetable of staging dates for connections to the pensions dashboard. The largest schemes, which includes master trusts with 20,000 or more members...
The Financial Conduct Authority (FCA) has written to the CEOs of advisory firms warning that it is concerned about the standard of retirement advice being given across the industry. This letter asks...
Government plans to close under-performing schemes could backfire and lead to poorer returns for everyone, according to some industry professionals. While many said action needs to be taken against poor value schemes, there...
A number of DC pension schemes have been wound-up after failing to satisfy the regulators new ‘value for member’ assessments. The Pensions Regulator has already fined one corporate trustee for failing to...
Superfund Clara-Pensions will take over the £600m Debenhams Pension Scheme, ensuring that 10,400 employees of the former department store will get their pensions paid in full. This is the second pension scheme...
The Department for Work & Pensions (DWP) consultation on its ‘pot for life’ proposals closed in January, eliciting strong industry debate from those in favour and those against. Beyond the theorising, however,...
Do we need to consider the UK’s housing and pensions strategies together? The pattern of home ownership appears to be changing in the UK, with a growing number of retired renters. But could...
The Chancellor, in his Autumn Statement, asked the FCA to take action to remedy the problem of misapplied charges disclosure regulations which force investors to sell UK-listed investment trusts, driving pension funds...
