On the go: Some 70,000 members could be leaving defined benefit schemes each year, according to research by XPS Pensions.
Link Pension Trustees receives record fine of £104k from TPR
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May 8, 2019
On the go: The Pensions Regulator has fined professional trustee company Link Pension Trustees, a total of £103,750 for breaching multiple areas of pension law. This is the largest ever fine handed to trustees by the watchdog.
New parliamentary group looks at benefits of longevity
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May 8, 2019
On the go: The new All Party Parliamentary Group for Longevity has outlined plans to introduce a national strategy for healthy longevity, focusing on the benefits – rather than the problems – of ageing.
FCA paper highlights intergenerational disparity
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May 3, 2019
On the go: The Financial Conduct Authority’s new discussion paper on intergenerational shifts highlights the disparity in pensions, mortgages, consumer credit and insurance coverage of UK citizens from millennials to baby boomers.
MPs query Lloyds Bank chief executive’s high pension award
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May 3, 2019
On the go: In a letter to Lloyds Banking Group, the chairs of two parliamentary select committees have questioned pension and share awards at the bank, following reports that chief executive António Horta-Osório has “voluntarily” given up a portion of his pension.
Pensions still high on FCA agenda despite Brexit demands
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April 17, 2019
On the go: Dealing with Brexit is the Financial Conduct Authority’s overarching concern, its business plan for 2019-20 reveals, but pensions are still high on its agenda.
LGIM votes against record number of companies in 2018
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April 17, 2019
On the go: Legal & General Investment Management has broken its record for voting against companies of which it is a shareholder, as the asset manager tries to cement its stewardship credentials.
BlueSky and Crystal master trusts gain authorisation
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April 17, 2019
On the go: Two more master trusts have gained authorisation from the Pensions Regulator, bringing the total approved schemes in the sector to five.
Field: Sir Philip Green up to 'old tricks again' with Arcadia
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April 12, 2019
On the go: The Work and Pensions Committee has condemned proposals to cut deficit recovery funding for the Arcadia pension schemes.
ONS: Three in four people now members of a workplace pension
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April 12, 2019
On the go: Since the introduction of auto-enrolment in 2012, the proportion of UK employees enrolled in a workplace pension has soared from 47 per cent to 76 per cent in 2018, according to research published today by the Office for National Statistics.
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