Law and Regulation

Jonathan Stapleton says sponsors are likely to consider whether trustees can be challenged on their use of discretionary powers, following the British Airways ruling

Stephen Richards says the 'paymasters' principle is likely to be scrutinised closely in light of British Airways' landmark win in the Court of Appeal.

Respondents in last week's Pensions Buzz said such pathways would help guide members and improve retirement outcomes.

The Pensions and Lifetime Savings Association (PLSA) has proposed a number of reforms to boost pensions adequacy. Victoria Ticha looks at the recommendations.

A Financial Conduct Authority (FCA) working group has recommended five institutional cost disclosure templates, although it says these should not be made mandatory.

A potentially landmark case has been launched in the High Court as Lloyds Bank seeks guidance on how to address equalisation of guaranteed minimum pensions (GMPs).

There will be no transitional 'comply or explain' period for professional trustees to prepare for mandatory standards when they come into force later this year, a regulator-backed working group has announced.

Richard Favier says the process for regulated apportionment agreements is complex, lengthy, expensive, but there is a solution

British Airways (BA) will not have to pay a £12m discretionary benefit its trustees had unilaterally granted, the Court of Appeal has ruled.

Martin Hunter says while new TPR powers will increase the burden on all DB employers, it isn't all doom and gloom