The Pensions Regulator (TPR) plans to tackle poor standards among smaller schemes with targeted enforcement action and possible consolidations, it has said.
TPR said some small and medium size pension schemes were found to have "major gaps" in the standards it expects. It seeks to tackle the issue by overhauling its communication with schemes and using "targeted...
And other investors
Consultation closes on 30 October
Sent to retirement savers at age 50
Expanding the 'regulatory perimeter'
Defined contribution (DC) drawdown providers will have to offer non-advised consumers investment pathways from August 2020, the Financial Conduct Authority (FCA) has said.
As they approach retirement
Unintended risk concentrations
PFS members learning through online portal
Business model will not change
Follows extended period of underperformance