"Defective" company audits could mean millions of savers in pensions funds are "losing out", says the Competition and Markets Authority (CMA) as it launches a probe of the audit sector.
In a hard-hitting interview with Stephanie Baxter, the former chairman of Carillion Pension Trustees explains why he thinks a blame culture and too much red tape are damaging pensions and why he feels regulators are getting it wrong.
Robin Ellison says regulators should rethink their ambitions, as some things cannot and shouldn't be regulated
A panel of pension experts spoke at Pensions and Benefits UK to debate lay trustees, the 'disastrous' freedoms and the problem with having two regulators. Stephanie Baxter reports from the conference
The pensions watchdog has appointed enforcement officers to seize assets from employers who fail to pay fines relating to their schemes. Victoria Ticha asks if this is the right approach
The Pensions Regulator (TPR) has revealed it has had a total of 24 meetings with Carillion, and 45 meetings with the trustees since 2008.
This week's top stories were Capita's shares falling by over 40%, and Royal Mail reaching agreement with its union to launch the UK's first collective defined contribution scheme.
The regulatory framework is too restrictive and The Pensions Regulator (TPR) is hampered by conflicting objectives, Robin Ellison and Chris Martin told a parliamentary inquiry today.
"We must do something, this is something, therefore we must do this," is the politician's fallacy famously expounded by Sir Humphrey Appleby in the BBC sitcom Yes, Prime Minister.
The Pensions Regulator (TPR) has provided little evidence of hard action despite being aware of problems at Carillion since at least 2008, Work and Pensions Committee (WPC) chairman Frank Field has said.