Only 2,709 schemes had completed both data assessments needed to ensure accurate member details
HMRC guidance on VAT recovery on pension investment costs, DB surplus flexibility consultation, GMP conversion tax changes
Regulator says trustee independence on decision to release surplus is ‘unaffected’
Sector welcomes the additional clarity but warns ‘the devil will be in the detail’
Draft regulations set out conditions that must be met to release surplus
Industry welcomes key changes to traffic-light transfer conditions
Institute’s report says segmentation will be central to the design of guided retirement solutions
Industry welcomes strategy but says more is needed to ensure members remain priority
LCP said it expects any new providers will look at run-on models and value-sharing mechanisms
Guidance issued after Pension Schemes Act passed into law