Law and Regulation

The number of enquiries handled by the Pensions Ombudsman's (PO) increased by more than a fifth to over 6,000 during the past financial year, according to its annual report.

The Pensions Regulator (TPR) has convicted an office manager after she failed to provide information it needed for an investigation into a suspected £13.8m scam.

PP research shows sector believes investment consultancy should be probed.

The upcoming Financial Guidance and Claims Bill will not include the pensions cold calling ban, the Department for Work and Pensions has said.

The Pensions Regulator issued 173 fines to schemes and trustees during 2016 as a result of failures to prepare annual governance statements or complete scheme returns.

The Financial Conduct Authority (FCA) has eased new rules for the Local Government Pension Scheme (LGPS) after concerns they could pose barriers to infrastructure investment and even cause an asset fire-sale.

The transparency campaigner has welcomed the regulator's proposals for cost disclosure, refuting claims the asset management industry's code has been created without independent oversight.

In line with Cridland report

The new work and pensions minister David Gauke has laid into past governments who "tinkered around the edges" with pensions policy.

Fiduciary management is undoubtedly a sound product - and can help many trustee boards speed up decision- making, bolster effectiveness and improve outcomes.