Banks prepare to split schemes under ring-fence reforms
Rachel Dalton finds out how reforms will require banks to restructure their schemes
The Financial Services (Banking Reform) Bill, currently in its House of Lords report stage, requires banks to separate their retail and investment businesses by 2025. Lawyers warn banks should start planning now.
Reform Employers in multi-employer DB schemes, as used by banking groups with their many interlinked businesses, are allowed to take on the liabilities of other scheme sponsors. The government fears...
More on Law and Regulation
DWP confirms general levy hike from April; Option one chosen
The Department for Work and Pensions (DWP) has confirmed that it will increase the general levy pension rates from April 2021 in line with its preferred option.
DWP delays consultation response on trustee oversight of investment consultants
The Department for Work and Pensions (DWP) has delayed further a consultation response and final regulations to enact requirements relating to investment consultants.
Pensions minister sets out timetable for Pension Schemes Act regulations
Pensions minister Guy Opperman has set out a timetable for secondary legislation to bring Pension Schemes Act provisions into force.
What a ban on corporate directors could mean for schemes
Shane O'Reilly and Julia Chirnside look at how a government proposal could put professional trustees in breach of the law.
MPs to investigate advice in ongoing pensions freedoms inquiry
MPs on the Work and Pensions Committee (WPC) will assess the availability of financial advice in the second stage of its pensions freedom inquiry.
