Law and Regulation

This week we want to know if it is correct to define professional trustees as those who promote themselves as having expertise in trustee matters to schemes they have no connection with.

Chairman of BESTrustees Alan Pickering speaks to Stephanie Baxter about the toxic effect of knee-jerk legislation over the past 20 years, and why he wants a national pensions authority

The regulator and lifeboat fund have agreed plans to sever the £15bn British Steel Pension Scheme from Tata Steel UK after months of negotiations with the trustee and sponsor.

The industry has welcomed The Pensions Regulator's (TPR) revised definition of professional trustee, but has warned all trustees to be aware of the updated monetary penalty policy.

Between April and June the pensions watchdog it fined 45 trustees for not submitting scheme returns, and 20 trustees for not preparing a chair's annual statement.

The Pensions Regulator (TPR) has revised its definition of a 'professional trustee' as it moves to improve standards and introduce accreditation of the role.

Occupational schemes and their administrators are lagging behind in their involvement in an industry-wide discussion on slashing transfer delays, Tom McPhail has said.

The government's plans to ban pensions cold calling could be subject to further delays amid speculation that yet another consultation is on the cards.

The government will introduce a new bill to implement the European Union's (EU) General Data Protection Regulation (GDPR) into British law, it has announced.

The landmark Court of Appeal judgment which allowed IBM to impose a cap on increases in pensionable pay will not be appealed to the Supreme Court, according to a members' forum.