Law and Regulation

Philip Hammond's Spring Statement was empty of any direct pension news as the Treasury sought to avoid major policy announcements.

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.

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.

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.

The government has launched a consultation on scrapping the Financial Reporting Council (FRC) following two separate reviews.

The government will proceed with a range of changes to the investment consultant and fiduciary management markets as recommended by a major competition review.

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.

Attendees at a Trades Union Congress (TUC) conference have endorsed a Prospect motion which called for action to tackle the gender pension gap.

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.

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.