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Showing 1 - 9 of 9 results for "The Pensions Regulator"

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... schemes which are not achieving the best possible outcome for their members will face being wound up by the Pensions Regulator. "We will also set out a roadmap to encourage Collective DC funds, a new type of pension fund which we believe holds great ...

Bank of England launches first system- wide stress test

CASSANDRA BALDINI  |  TUESDAY, 20 JUN 2023
... taking a system-wide perspective," it said. Working closely with the Financial Conduct Authority (FCA) and the Pensions Regulator, the BoE will bring together data and information from various parts of the financial system to develop system-wide and ...

UK pension funds pushed to merge

JAMIE WILLIAMSON  |  MONDAY, 28 JUN 2021
... pension sector is experiencing similar pressure to that being felt by Australia's super funds, with the pensions regulator asking defined contribution (DC) funds with less than £5 billion in assets being urged to merge. In September last year ...

Climate change worse than pandemic: UK regulator

JAMIE WILLIAMSON  |  THURSDAY, 8 APR 2021
... to populations' way of life than the COVID-19 pandemic if no action is taken. The comments came as The Pensions Regulator chief executive Charles Counsell introduced the regulator's new climate strategy, providing pension funds with a framework ...

Pensioners lose decades of savings in 24 hours

ELIZABETH MCARTHUR  |  THURSDAY, 14 NOV 2019
... to 22 years of savings. As part of a campaign called ScamSmart, the UK Financial Conduct Authority and The Pensions Regulator have revealed £82,000 (AU$154,202) is the average amount victims of pension scams lost in 2018. It would take an ordinary working ...

UK pension funds to be hit hard over negligence

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
... offence is part of a wider reform package put forward in response to consultation on enhancing the powers of the pensions regulator. Amber Rudd, the UK's Secretary of State for Work and Pensions said bosses who put the futures of their employees at risk ...

UK Pensions Regulator seeks fee transparency

ALISON BEVEGE  |  MONDAY, 11 JUL 2011
... will always support members to achieve a good outcome from their savings," she said in a press release. The Pensions Regulator governs work-based pension schemes in the UK.

DC pension risk reviews flawed

MICHAEL HOBBS  |  THURSDAY, 18 SEP 2008
... year period is too low, particularly for defined contribution pension schemes. "This is a low number given the Pensions Regulator highlighted back in April 2007 the imperative need for those involved in running DC plans to understand the risks involved ...

Regulator clamps down on conflicts of interest

MICHAEL HOBBS  |  THURSDAY, 28 FEB 2008
... the report did not provide legal assistance nor should it replace the requirement to seek legal advice. The Pensions Regulator exercises its powers granted under the Pensions Act 2004 to monitor work-based pensions in the UK.
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