Law and regulation

FRC addresses confusion over impact of FRS102

Professional Pensions | 20 Aug 2014 | 12:52

The Financial Reporting Council (FRC) has proposed amendments to its FRS102 accounting standard to address fears an overhaul of reporting standards will add millions to corporate liabilities.

balance sheet
actionable-analysis-sign

EMIR exemption: What schemes need to know

An extension to the exemption on centrally clearing OTC derivatives would not mean schemes could rest easy, finds Stephanie Baxter.

Professional Pensions | 20 Aug 2014 | 12:51

European commission

IORP II: Is this the end of member-nominated trustees?

Dominic Harris and Elizabeth Richardson discuss whether the onerous requirements in the latest draft of the European pensions directive leaves room for MNTs.

Professional Pensions | 19 Aug 2014 | 18:01 | To read this article you must be a subsriber

Law and Regulation Articles

explosion

How proposed accounting rule changes could affect schemes and sponsors

What happens when a scheme being wound up has a surplus? Can that surplus be refunded to the company? These are questions that cut to the heart of a more crucial debate: do pension surpluses count as assets of the employer?

Professional Pensions | 19 Aug 2014 | 13:32 | To read this article you must be a subsriber

phil-loney-royal-london

Charge cap will cost insurance industry £1bn, claims Royal London

The government has grossly underestimated the impact on providers of the pension charge cap by about £800m, says Royal London.

Professional Pensions | 19 Aug 2014 | 13:19

Theo Paphitis

Three out of four people aware of auto-enrolment

The Department for Work and Pensions (DWP) says its auto-enrolment policy is proving successful, with almost three quarters of the population aware of the flagship programme.

Professional Pensions | 19 Aug 2014 | 12:46

lehman-sign

Lehman Brothers FSD case settled

Members of the Lehman Brothers Pension Scheme will receive their benefits in full after a £184m settlement was reached in the six-year legal battle that followed the firm’s bankruptcy.

Professional Pensions | 19 Aug 2014 | 11:31 | To read this article you must be a subsriber

Chancellor George Osborne presenting the 2013 Budget in the traditional red box

Industry fears rash of ‘inappropriate products’ after budget

Four out of five investment advisers are concerned that inappropriate products are being rushed to market to take advantage of changes announced in the Budget, research finds.

Professional Pensions | 18 Aug 2014 | 14:02 | To read this article you must be a subsriber

firemen

Essex fire authority discovers £15m pensions black hole

Essex County Fire and Rescue Service (ECFRS) has discovered a £15m black hole in its finances, after a pensions accounting error was overlooked since 2006.

Professional Pensions | 15 Aug 2014 | 15:21 | To read this article you must be a subsriber

environmental-esg

Bringing clarity to socially responsible investing

Association of Pension Lawyers founder Jane Marshall says trustees now have a clear and persuasive guide to socially responsible investing.

Professional Pensions | 15 Aug 2014 | 13:19 | To read this article you must be a subsriber

collaboration-3

NAPF to work with IMA in ‘more informal way’ following IIC disbandment

The National Association of Pension Funds (NAPF) says it will continue to work closely with the Investment Management Association (IMA) following the disbandment of the Institutional Investor Committee (IIC).

Professional Pensions | 15 Aug 2014 | 12:45 | To read this article you must be a subsriber

TPR extends Guinness Peat warning notice deadline

The Pensions Regulator (TPR) has given the trustees and sponsors of the Brunel and Staveley pension schemes an extra three months to respond to a warning notice issued last year.

Professional Pensions | 14 Aug 2014 | 13:49 | To read this article you must be a subsriber

inflation-1

CPIH inflation measure shelved

A new measure of inflation developed by the Office of National Statistics has had its official status downgraded a little over a year after it was first proposed.

Professional Pensions | 14 Aug 2014 | 13:46 | To read this article you must be a subsriber

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Pensions library

a-guide-to-pensions-stability-cover-page

A guide to Pensions Stability

 

This guide to Pensions Stability explores the new financial and operational model for defined benefit (DB) pension schemes. Pension schemes are still being run with far greater risk than is necessary and there is an opportunity to create a more stable pensions environment for trustees and sponsors.

joint-institute-pensions-survey-2014-imageset

Joint institute pensions survey 2014

 

This inaugural survey among 326 members of the Chartered Institute of Personnel and Development (CIPD) and the Pensions Management Institute (PMI) asked whether auto-enrolment will deliver on its goals; if contribution rates for employees and employers need to rise; and whether pensions tax relief needs further reform.

Job of the week

Events

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Workplace Savings and Benefits Awards

11 Sep 2014

London, UK

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Defined Contribution Conference 2014

17 Sep 2014

London, UK