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	<title>Professional Pensions Legislation News</title>
	<link>http://www.professionalpensions.com/</link>
	<description>Latest from Professional Pensions</description>
	<language>en-us</language>
	<webMaster>web@incisivemedia.com</webMaster>
	<lastBuildDate>Sat, 11 Oct 2008 17:53:49 +0100 GMT</lastBuildDate>
	<ttl>15</ttl>
	<item>
	<title>Conservatives call for emergency pension protection</title>
	<link>http://www.professionalpensions.com/819535</link> 
	<description>
THE Conservative Party has called for emergency pension protection in the light of the current troubles in the financial markets.</description>
	<pubDate>Thu,  9 Oct 2008 11:51:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/819535</guid> 
	</item>
	<item>
	<title>Companies Act authorisation process ‘annoying’ for trustees</title>
	<link>http://www.professionalpensions.com/819174</link> 
	<description>
Trustees who believe they have complied with conflict of interest requirements under the Companies Act could remain in breach of the law, Allen &amp;amp;amp; Overy warns.</description>
	<pubDate>Wed,  8 Oct 2008 11:09:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/819174</guid> 
	</item>
	<item>
	<title>Heyday loses key stage in Euro legal battle</title>
	<link>http://www.professionalpensions.com/816404</link> 
	<description>
A campaign group backed by Age Concern has lost a key stage in its legal challenge against mandatory retirement ages.</description>
	<pubDate>Tue, 23 Sep 2008 11:51:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/816404</guid> 
	</item>
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	<title>DWP considering options to relax rules on surplus return - EXCLUSIVE</title>
	<link>http://www.professionalpensions.com/814378</link> 
	<description>
THE department for work and pensions is considering options to relax the rules on returning scheme surpluses to employers, PP has learned.</description>
	<pubDate>Thu, 11 Sep 2008 09:23:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/814378</guid> 
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	<title>EC consultation paper lifts Solvency II threat to schemes</title>
	<link>http://www.professionalpensions.com/814177</link> 
	<description>
SCHEMES threatened with insurance style funding requirements under Solvency II proposals have been given a reprieve, Watson Wyatt says.</description>
	<pubDate>Wed, 10 Sep 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/814177</guid> 
	</item>
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	<title>DWP risk sharing research ‘flawed’, says consultant</title>
	<link>http://www.professionalpensions.com/812887</link> 
	<description>
Government research which concluded there is little employer appetite for shared risk pension schemes is &amp;quot;flawed&amp;quot;, a consultant says. </description>
	<pubDate>Wed,  3 Sep 2008 12:43:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/812887</guid> 
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	<title>Divorcees benefit from pension regulation changes</title>
	<link>http://www.professionalpensions.com/812025</link> 
	<description>
RESTRICTIONS which prevent ex-partners taking full advantage of spousal pension entitlements are to be lifted by the government.</description>
	<pubDate>Fri, 29 Aug 2008 11:33:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/812025</guid> 
	</item>
	<item>
	<title>US-style class action system needed</title>
	<link>http://www.professionalpensions.com/811895</link> 
	<description>
THE government should introduce a class action system similar to the one in the United States, a report by the Civil Justice Council says.</description>
	<pubDate>Thu, 28 Aug 2008 12:17:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/811895</guid> 
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	<title>Government U-turn on qualifying earnings test</title>
	<link>http://www.professionalpensions.com/811890</link> 
	<description>
THE government has made a U-turn over the qualifying earnings test for personal accounts, Standard Life says.</description>
	<pubDate>Thu, 28 Aug 2008 12:05:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/811890</guid> 
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	<title>&apos;Missing member&apos; in Tyler case to be compensated</title>
	<link>http://www.professionalpensions.com/808994</link> 
	<description>
Administrators were forced to compensate a &amp;quot;missing member&amp;quot; of a wound-up pension scheme after losing all record of his contributions.</description>
	<pubDate>Fri,  8 Aug 2008 11:29:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/808994</guid> 
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	<title>Schemes facing a flood of discrimination claims</title>
	<link>http://www.professionalpensions.com/806404</link> 
	<description>
EMPLOYERS could face a surge of retrospective age discrimination claims relating to occupational pension schemes after two European court rulings, a law firm warns.</description>
	<pubDate>Fri, 25 Jul 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/806404</guid> 
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	<title>Government changes qualifying earnings rules following industry concern</title>
	<link>http://www.professionalpensions.com/806355</link> 
	<description>
EMPLOYERS will be able to use existing contribution calculations when working out if their scheme is exempt from personal accounts, the government says. </description>
	<pubDate>Thu, 24 Jul 2008 15:27:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/806355</guid> 
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	<title>Pensions Regulator stresses importance of good record-keeping</title>
	<link>http://www.professionalpensions.com/806132</link> 
	<description>
THE&amp;amp;nbsp;Pensions Regulator has stressed the importance of good record-keeping in the governance of pension schemes in a consultation launched today. </description>
	<pubDate>Wed, 23 Jul 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/806132</guid> 
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	<title>Pensions Bill amendment to extend FAS assistance</title>
	<link>http://www.professionalpensions.com/805699</link> 
	<description>
SCHEME wind-up victims who fell outside the scope of both the Financial Assistance Scheme and the Pension Protection Fund will qualify for help, the government has confirmed.</description>
	<pubDate>Tue, 22 Jul 2008 09:15:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/805699</guid> 
	</item>
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	<title>PADA outlines plan following charging structure consultation</title>
	<link>http://www.professionalpensions.com/804689</link> 
	<description>
The Personal Accounts Delivery Authority has said it would be considering &amp;quot;several issues&amp;quot; after the industry failed to reach a consensus over the scheme’s charging structure.</description>
	<pubDate>Tue, 15 Jul 2008 16:22:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/804689</guid> 
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	<title>Industry fails to reach consensus over PA charging structure</title>
	<link>http://www.professionalpensions.com/804514</link> 
	<description>
NO clear consensus on the charging structure of personal accounts has emerged from the industry consultation, the delivery authority reports. </description>
	<pubDate>Tue, 15 Jul 2008 12:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/804514</guid> 
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	<title>Court of Appeal ruling could make Ombudsman powers more flexible</title>
	<link>http://www.professionalpensions.com/804124</link> 
	<description>
THE powers of the pensions ombudsman could become far more flexible following a Court of Appeal ruling, a lawyer says.</description>
	<pubDate>Fri, 11 Jul 2008 12:08:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/804124</guid> 
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	<title>PPI issues warning over KiwiSaver comparisons</title>
	<link>http://www.professionalpensions.com/804017</link> 
	<description>
THE UK pensions industry needs to be wary of making simple comparisons between personal accounts and KiwiSavers, the Pensions Policy Institute urges.</description>
	<pubDate>Thu, 10 Jul 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/804017</guid> 
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	<title>Scheme member pays penalty tax charge</title>
	<link>http://www.professionalpensions.com/802805</link> 
	<description>
THE&amp;amp;nbsp;final member of a small self-administered scheme had to pay penalty tax charges after he tried to take &amp;pound;225,000 as a tax-free lump sum.</description>
	<pubDate>Fri,  4 Jul 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/802805</guid> 
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	<title>Ombudsman upholds decision in Hobbs case</title>
	<link>http://www.professionalpensions.com/802567</link> 
	<description>
The pensions ombudsman has confirmed he cannot overturn a decision by trustees simply because it may appear unfair. </description>
	<pubDate>Thu,  3 Jul 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/802567</guid> 
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	<title>SSAS member faces penalty charges after losing HRMC challenge</title>
	<link>http://www.professionalpensions.com/802375</link> 
	<description>
THE final member of a small self-administered scheme had to pay penalty tax charges after he tried to take &amp;pound;225,000 as a tax-free lump sum.</description>
	<pubDate>Wed,  2 Jul 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/802375</guid> 
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	<title>Government changes rules to allow SIPPs to hold protected rights</title>
	<link>http://www.professionalpensions.com/801577</link> 
	<description>
INVESTORS will have more choice from October following changes to pensions rules allowing protected rights to be held in self-invested personal pensions, the government announced. </description>
	<pubDate>Fri, 27 Jun 2008 11:30:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/801577</guid> 
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	<title>ACA: Pensions Bill risk-sharing amendment ‘last chance’ for government </title>
	<link>http://www.professionalpensions.com/801578</link> 
	<description>
AN amendment to the Pensions Bill allowing risk-sharing schemes is the government’s &amp;quot;last chance&amp;quot; to boost workplace pensions, the Association of Consulting Actuaries says. </description>
	<pubDate>Fri, 27 Jun 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/801578</guid> 
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	<title>Government proposes ban on inducements to opt out of schemes</title>
	<link>http://www.professionalpensions.com/800856</link> 
	<description>
FORCING or encouraging workers not to join an occupational pension is set to become illegal if an amendment to the Pensions Bill is passed. </description>
	<pubDate>Tue, 24 Jun 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/800856</guid> 
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	<title>Industry urges government to change Pensions Bill - UPDATED</title>
	<link>http://www.professionalpensions.com/799626</link> 
	<description>
THE government must change the Pensions Bill or risk undermining retirement savings for lower earners, four trade bodies warn.</description>
	<pubDate>Mon, 16 Jun 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/799626</guid> 
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	<title>Government savings scheme for low earners could undermine personal accounts - EXCLUSIVE</title>
	<link>http://www.professionalpensions.com/798974</link> 
	<description>
A government savings scheme aimed at low earners could deter people from joining personal accounts, a consultant warns. </description>
	<pubDate>Thu, 12 Jun 2008 15:20:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/798974</guid> 
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	<title>Trustee risk legal action if they fail to raise OMO - EXCLUSIVE</title>
	<link>http://www.professionalpensions.com/798915</link> 
	<description>
Trustees could be guilty of maladministration if they fail to advise members buying an annuity about the open market option, The Pensions Advisory Service warns. </description>
	<pubDate>Thu, 12 Jun 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/798915</guid> 
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	<title>Government launches risk sharing consultation</title>
	<link>http://www.professionalpensions.com/797930</link> 
	<description>
THE department for work and pensions is consulting on introducing new types of pension schemes to more evenly share risks between employers and individuals.</description>
	<pubDate>Thu,  5 Jun 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/797930</guid> 
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	<title>Updated FAS regulations come into force</title>
	<link>http://www.professionalpensions.com/797967</link> 
	<description>
THE updated Financial Assistance Scheme regulations have come into force. </description>
	<pubDate>Thu,  5 Jun 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/797967</guid> 
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	<title>KiwiSaver must not be used as model for personal accounts - EXCLUSIVE</title>
	<link>http://www.professionalpensions.com/797789</link> 
	<description>
KiwiSaver is being hailed as the shining light for UK pension reform but comparing the two would be like comparing apples with pears, a consultant warns.</description>
	<pubDate>Wed,  4 Jun 2008 00:00:00 +0100 GMT</pubDate> 
	<guid>http://www.professionalpensions.com/797789</guid> 
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