Law and Regulation
DWP gives green light to CDC; will extend to wider models after Royal Mail scheme
Collective defined contribution (CDC) provision will be introduced slowly, starting specifically with a Royal Mail scheme and then rolling it out more widely, the government has confirmed.
Brexit may turn out to be an oddly golden era for pensions
Robin Ellison says the one great advantage of the Brexit experience has been the inability of government to pass much new legislation affecting pensions
Spring Statement lacks pensions policies but reduces index-linked gilt issuance
Philip Hammond's Spring Statement was empty of any direct pension news as the Treasury sought to avoid major policy announcements.
Spring Statement: OBR revises down 2019 growth forecast as Hammond eyes Brexit 'deal dividend'
UK gross domestic product (GDP) is set to grow by 1.2% in 2019, less than the 1.3% forecast in the 2018 Autumn Budget, but the economy will expand over the each of the next five year's, Chancellor Philip Hammond said in today's Spring Statement.
AE, net pay and the pensions dashboard - a Spring Statement wishlist
The Spring Statement is likely to be overshadowed by Brexit but there is still much to do in pensions. Kim Kaveh and Holly Roach take a look at the industry's wishlist.
DB transfers face transfer validation challenge following FCA register overhaul
The year-long gap between advisers falling off the FCA register and being included on the new directory could raise significant challenges for advised defined benefit (DB) pension transfers for a 12-month period.
Government consults on abolishing FRC after Kingman review
The government has launched a consultation on scrapping the Financial Reporting Council (FRC) following two separate reviews.
Government announces plan to press ahead with CMA reforms
The government will proceed with a range of changes to the investment consultant and fiduciary management markets as recommended by a major competition review.
IFS's Johnson: It's not been a great decade, and economists were right about Brexit
We have gone well past the brink of things not being good and the last 10 years have turned out to be so different relative to what was reasonably predicted, according to Paul Johnson.
TUC delegates pass Prospect motion to tackle gender pension gap
Attendees at a Trades Union Congress (TUC) conference have endorsed a Prospect motion which called for action to tackle the gender pension gap.
DWP delay leaves schemes facing Equality Act workaround
A government failure to update equality legislation means schemes offering bridging pensions could fall foul of provisions in the Equality Act 2010 - leaving them reliant on EU law as an interim solution.
How TPR is toughening its stance on DB funding approaches
TPR has set out specific guidance for trustees and employers with schemes approaching a valuation. Kim Kaveh looks at the details of its annual funding statement.
The pension court cases to watch in 2019
A groundhog year kicks off as many of 2018's biggest court cases return on appeal. James Phillips rounds up what trustees should keep an eye on.
Schemes with 'Brexit Day' valuations must review options, warns Aon
Sponsors and trustees of defined benefit (DB) schemes with 31 March valuation dates need to discuss their options given the clash with Brexit, according to Aon.
FCA proposes measures to 'strengthen transparency' of costs and charges in IGCs
The Financial Conduct Authority (FCA) has launched a consultation setting out proposed rules that would require contract-based schemes to disclose costs and charges to members.
Trustee faces charges over defrauding charity pension fund
The former head of a charity for the disabled is to be prosecuted for allegedly transferring more than £250,000 from the organisation's pension scheme.
Accountant admits fraud after using pension fund as 'personal piggy bank'
An accountant who acted as a trustee and administrator to pension schemes has pleaded guilty to five counts of fraud and two counts of making employer-related investments.
PMI to accredit professional trustees as standards launch
Professional trustees will be expected to apply for accreditation in the near future as a regulator-backed working group has published a set of seven standards against which they will need to demonstrate compliance.
Government launches mid-life MOT website
The Department for Work and Pensions (DWP) has launched a website dedicated to signposting people to where they can receive guidance typically associated with a so-called 'mid-life MOT'.
Updated: Key dates for pensions
PP has compiled a list of what to watch out for over the coming months.
Half of pension scam red flags raised by schemes involves advisers, finds survey
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
Norfolk Pension Fund wins rare US securities fraud class action case
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
Our politicians should help us simplify the system
Alan Pickering says politicians should have the freedom to redefine what is meant by 'absolute'
TPR cracks down on 'dishonest employers' to protect savings
The Pensions Regulator (TPR) used its enforcement powers more than 22,000 times in the final quarter of 2018, it has revealed.
Most read
