Law and regulation

15 stories you might have missed this summer

Professional Pensions | 01 Sep 2014 | 14:08

Professional Pensions brings you a recap of the biggest news in the pensions world from the last six weeks.

Panama
Data transfer illustration

Worthington Group looks to offload scheme to PPF

The Jerome Group Plc Retirement Benefits Plan is expected to enter the Pension Protection Fund (PPF) in an attempt to resolve the scheme’s deficit issue.

Professional Pensions | 29 Aug 2014 | 13:34 | To read this article you must be a subsriber

sacked-unfair-dismissal

PO throws out ‘reasonable expectation’ claim against GE Scheme

The Pensions Ombudsman (PO) has dismissed a pensioner complaint against the GE Scheme after it stopped discretionary increases to inflation.

Professional Pensions | 29 Aug 2014 | 13:17 | To read this article you must be a subsriber

Law and Regulation Articles

caution-tape

Trustees warned of ‘regulatory gap’ on direct access to DC pots

Trustees have been warned of a lack of regulation surrounding new rules to allow pension members to access their defined contribution (DC) pots directly.

Professional Pensions | 28 Aug 2014 | 12:17 | To read this article you must be a subsriber

mclean-malcolm

Are changes to state pension deferral a retrograde step?

Malcolm McLean asks if the latest changes to state pension legislation are in step with other reforms.

Professional Pensions | 21 Aug 2014 | 16:59

lehman-bros

The Lehman settlement: A timeline

As a £184m settlement is reached in the six-year Lehman Brothers FSD case, here is a recap of how events unfolded:

Professional Pensions | 21 Aug 2014 | 14:28 | To read this article you must be a subsriber

Lehman Brothers Canary Wharf

Lehman Brothers: Settling the saga

Natasha Browne asks whether the Lehman Brothers Pension Scheme settlement has set a precedent for future cases

Professional Pensions | 21 Aug 2014 | 13:52 | To read this article you must be a subsriber

pension-liberation

Pensions Ombudsman announces further delays to liberation decisions

The Pensions Ombudsman has announced delays to its decision on upwards of 84 complaints related to suspected liberation fraud, claiming it is "not yet in a position to publish" conclusions.

Professional Pensions | 21 Aug 2014 | 13:24 | To read this article you must be a subsriber

balance sheet

FRC addresses confusion over impact of FRS102

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.

Professional Pensions | 20 Aug 2014 | 12:52 | To read this article you must be a subsriber

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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 | To read this article you must be a subsriber

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

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 | 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