Law & RegulationRSS

Handful of schemes in advanced talks with Pension SuperFund

The Pension Superfund has engaged in serious dialogue with approximately a dozen pension schemes with a view to them transferring into the defined benefit consolidator, according to its new chief executive.

Field asks TPR to learn lessons as Kodak zombie set to enter PPF

The chair of the Work and Pensions Committee has written to the Pensions Regulator asking it to reflect on lessons it should have learned from its handling of the Kodak Pension Plan, which this week announced it faced Pension Protection Fund entry.

Should LGPS funds separate from host authorities to avoid conflicts?

The relationship between local government pension schemes and their host authorities has the potential to create conflicts of interest for those charged with managing both a council’s finances and the fate of its pension fund, experts say.

TPR to introduce one-to-one supervision for 25 biggest schemes

On the go: The Pensions Regulator has introduced a new supervision regime, which includes one-to-one supervision of the 25 largest schemes in the UK and will aim to monitor all schemes more closely.

DC value: Small schemes falling short of standards

On the go: Small defined contribution schemes are not meeting the Pensions Regulator’s expectations when it comes to demonstrating value for members, according to its latest research.

More sponsors in talks with government over CDC

A handful of corporate entities have held exploratory discussions with the Department for Work and Pensions on collective defined contribution schemes, according to the department's defined benefit strategy team leader Julian Barker.

Willetts: Tax pensioners more to stem potential opt-out rise

National insurance contributions from pensioners’ income could be used to stem opt-outs resulting from increased contributions under auto-enrolment, an influential Conservative peer has suggested.

How can we restore trust in pensions?

Source: Hargreaves Lansdown

Analysis: Savers have long remained detached and bemused by their pension arrangements. Indeed, the success of auto-enrolment has partly depended upon consumer inertia.

DB governance: Small schemes fail to keep pace

Small defined benefit schemes are still lagging behind their larger counterparts when it comes to governance standards, new research from the Pensions Regulator has shown.

One-fifth of FTSE 350 companies do not declare DB funding positions

Employers should be legally required to disclose their defined benefit scheme deficits on a technical provisions basis, along with details of the associated recovery plan durations and contributions agreed, Lincoln Pensions has said.