TPR urges trustees to prepare for sweeping charges in pension schemes bill
Patrick Coyne said: "I urge trustees to look now at how they are outcome-focused, building scale, are data-led and supporting savers into retirement.”
TPR welcomes ‘once in a generation’ Bill to improve pension outcomes
Nausicaa Delfas also welcomed the Government’s ‘Workplace Pensions - a roadmap’ document, calling it a strategy for a futureproofed private pensions system.
Government sets £25bn minimum for pensions ‘megafunds’
Any schemes that fall short will have to merge, with ministers claiming bigger funds could add £6,000 to the average pension at retirement.
Government launches pension pot consolidator to boost retirement savings by £1,000
Unveiled today, Thursday 24th April, by Pensions Minister Torsten Bell, the initiative will introduce a small pensions pot consolidator as part of the upcoming Pension Schemes Bill.
