Law and Regulation

Industry should be aware to not jump to conclusions when assuming the defined benefit (DB) system is "broken," according to the pensions and financial inclusion minister.

Malcolm McLean says the transfer of TPAS's dispute resolution function to the TPO raises again the question of whether there should be a single pensions regulator

The overall cost of pension tax relief rose slightly in 2016/17 to £38.6bn, from £38.5bn in 2015/16, according to annual HMRC estimates, representing a "stabilisation" compared with previous years.

In this week's Pensions Buzz, we want to know if you think the Competition and Market Authority's (CMA) investigation into the investment consultant market has damaged their business activity.

Defined contribution (DC) and contracted-out rights will be allowed to be transferred without member consent under regulations soon to be introduced.

Defined contribution (DC) schemes will face new duties to disclose investment costs and charges as the government presses ahead with a bid to build a more transparent and trustworthy pensions sector.

Ex-BHS owner Dominic Chappell has been ordered to pay a total of £87,000 in fines and court costs after he was found guilty of failing to provide The Pensions Regulator (TPR) with information.

The Department for Work and Pensions (DWP) has said it while believes in the benefits of consolidating defined benefit (DB) schemes, there are significant issues to overcome.

HMRC has confirmed providers operating relief at source pension schemes can continue to collect automatic tax relief at a basic rate of 20% under new Scottish Income Tax rules.

The Pensions Regulator (TPR) is seeking "improved" powers to set a schedule of contributions in defined benefit (DB) schemes in the government's upcoming white paper, it has revealed.