Law and Regulation

Responses to the Professional Trustee Standards Working Group's consultation have flooded in. While the industry mostly welcomes the proposals, there is disagreement on some areas, writes Kim Kaveh.

A new criminal offence of neglecting pension responsibilities will be announced in a pensions white paper this week, the prime minister has confirmed.

Outgoing Financial Conduct Authority (FCA) chairman John Griffith-Jones has set out four key challenges for his successor Charles Randell when his five-year term in office commences on 1 April.

Ros Altmann calls for urgent action on 'net-pay' schemes, warning the impact on low earners will significantly worsen with contribution rates set to rise to 5%.

The initial funding level test criterion for the new British Steel Pension Scheme (BSPS) have been "comfortably met", according to the trustee.

The Office for Budget Responsibility (OBR) has revised up the UK's GDP growth forecast for 2018 in today's inaugural Spring Statement, while forecasting inflation will fall to 2% by the end of 2018.

Do not expect any substantial pensions policy measures, if anything, in this week's Spring Statement, industry commentators have predicted.

Barclays has received final approval for its ring-fencing plans, which controversially involve moving its DB scheme to its investment banking division. Stephanie Baxter considers the judgment

The current picture of trustees' abilities to compare performance and fees among investment consultants and fiduciary managers may be overly positive, the competition watchdog has said.

Crest Healthcare and its managing director have pleaded guilty to misleading The Pensions Regulator (TPR) about enrolling employees into a workplace pension.