On the go: The trade union Unite has called on the prospective new owners of Bournemouth Transport to commit to protecting jobs and pensions.

This week – the FCA consults on proposals to broaden the distribution of LTAFs, Scottish police force sees pensions-based exodus, TPR launches scam crackdown, and Ombudsman awards Mr Y £1,000 for 12 years' missing pension contributions

More than a thousand NHS pensioners have seen their pension payments delayed as the NHS Business Services Authority, which administers NHS pensions, struggles to cope with a spike in retirements and resignations.

On the go: The LGPS Scheme Advisory Board has written to two newly appointed government ministers urging them to commit to a timetable for scheme reform, as fears mount that important consultations could be delayed.

On the go: Incentives introduced as part of the McCloud remedy have led to hundreds of Scottish police officers — many in senior positions — choose to retire early, leading to fears that the force is not sufficiently manned to tackle serious crime.

The Department for Levelling Up, Housing and Communities has confirmed there is no regulatory requirement to provide life assurance additional voluntary contributions under the 2013 regulations governing the Local Government Pension Scheme, but said it will consider amending the rules to clarify matters.

On the go: Providers in Great Britain are now able to apply to launch collective defined contribution schemes, a development hailed by pensions minister Guy Opperman for its potential to “transform the UK pensions landscape”.

This week – the USS’s latest funding position angers the unions, the DWP’s DB funding consultation says schemes must be in a state of ‘low dependency’ by significant maturity, the PPF set to cover the costs of Fraud Compensation Fund claims, and TPR research shows a quarter of DB schemes are in surplus.

Podcast: Zedra client director Richard Butcher and Hymans Robertson partner Laura McLaren discuss the next steps for the defined benefit funding code, stronger nudge concerns, and assess the health of pensions post-Maxwell.

More than a quarter (27 per cent) of defined benefit and hybrid schemes with tranche 15 valuations were in surplus on a technical provisions basis, despite the market shock of the Covid-19 pandemic, according to the Pensions Regulator’s latest scheme funding analysis.