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First DC pension ‘master trust’ attains independent assurance under new framework

The People’s Pension has become the first occupational defined contribution (DC) ‘master trust’ to receive independent assurance of its quality against the new regulator-backed framework, the Pensions Regulator has announced. 16 Sep 2014

Marketing of tax avoidance schemes could see pension scheme administrators fail new 'fit and proper' test, says expert

Those who have been involved in the design or marketing of a tax avoidance scheme could be prevented from acting as the administrator of a registered pension scheme according to new guidance published by HM Revenue and Customs (HMRC). 04 Sep 2014

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No decision due on pension liberation cases before autumn, says Pensions Ombudsman

The Pensions Ombudsman is "not yet in a position to publish" its conclusions on at least 84 pension liberation complaints that have been eagerly anticipated by the UK pensions industry, according to its latest update. 22 Aug 2014

Lehman Brothers UK employees to receive "full retirement benefits" following £184m pensions settlement

Former UK employees of Lehman Brothers, the US investment bank which collapsed in 2008, are expected to receive "full retirement benefits" after companies in the same group agreed to a settlement worth an estimated £184 million, the Pensions Regulator has... 20 Aug 2014

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