The Pensions Regulator has used its powers for the first time to disqualify a scheme trustee after he added £13.4m to pension transfer values, and increased the pension liabilities of the company by misrepresenting the pension benefits of executive members....
The Pensions Regulator has warned companies against trying to abandon their pension scheme liabilities.
Larger pension schemes, particularly those with defined benefits, have better governance than smaller schemes with less access to trustee training.
The government may not have the option of withdrawing a person's right to hold an alternatively-secured pension as doing so could risk prosecution for religious discrimination.
Two modules on scheme funding for trustees of defined benefit schemes have been added to the ‘Trustee Toolkit'.
Despite charging almost £200,000 for collecting levies, the Pensions Regulator has so far only managed to retrieve 83% of its mandate.
INCREASINGLY PESSIMISTIC fund managers are hoarding cash because they believe share prices are set to fall for the rest of the year, according to Merrill Lynch.
The Pensions Regulator has provided additional guidance on summary funding statements.
The Society of Pension Consultants has appointed a professional trustee as its new president.
The code of practice on trustee knowledge and understanding (TKU) is one of four sets of guidance to have come into effect from the Pensions Regulator.