The revisions to the European Commission's (EC) directive on occupational pensions have been a long time coming. As such, the draft Institutions for Occupational Retirement Provision (IORP) II Directive contained just one shock, and that surprise came as a disappointment to many.
On the one hand there was relief that plans to introduce a Europe-wide solvency regime did not feature. On the other hand there was displeasure that the draft did not loosen the regime for cross-border...
Government plans to increase the general levy will disproportionately hit members who have been auto-enrolled, says Darren Philp
The professional trustee accreditation process, set up by the Professional Trustee Standards Working Group (PTSWG), has been delayed again and is now expected to launch “in the new year”.
The Pensions Regulator (TPR) has published guidance detailing how schemes that use fiduciary managers should run a competitive tender process when appointing a manager.
The European Court of Justice (ECJ) will deliver its judgment next month in a landmark case on whether pension lifeboat funds are paying out the right level of benefits.
The Conservative party will hold reviews of the tapered annual allowance and net-pay schemes if it is elected back into government, it has said.