FCA proposed no changes to initiative but said the industry must do more to support savers
Call for evidence suggests TPR should be required to keep a full register of all trustees
Proposals could give flexibility for the sponsors of smaller and struggling schemes
AJ Bell calls for increase on £4,000 threshold to £10,000
Bank says there is a clear need for ‘urgent and robust measures’ to fill supervisory gaps
Experts said the reform package was a ‘welcome feature’ of the Autumn Statement
Pre-statement speculation on LTA and tax-free lump sums did not come to pass
Reforms cut risk margin and overhaul eligibility rules for matching adjustments
Move comes a fortnight earlier than planned
WTW says there is too much prescription in a supposedly principles-based framework