Law and Regulation

The government has suffered a major defeat in the High Court after its rules on Local Government Pension Scheme (LGPS) investments were deemed unlawful.

The industry has broadly welcomed the Financial Conduct Authority's (FCA) plans to modernise processes around pension transfers in response to concerns over surging demand.

Britain needs an intergenerational equalities minister to remove the sting of inequality between young and old that has been growing since the 1980s according to Chris Wagstaff.

Richard Butcher says the role should be scrapped as pensions are too important to mess with.

The Pensions Regulator (TPR) should be allowed to alter scheme indexation and benefits to ensure members get at least "second-best" outcomes.

The Pensions Regulator (TPR) has admitted it was subject to a partially successful ransomware attack during the past three financial years but had blocked over 40,000 other attempts.

Transfer value analysis should be replaced with a comparison showing the value of the benefits being given up, the Financial Conduct Authority (FCA) says.

The Conservative minority government has set out its plans for a bill to merge the Money Advice Service (MAS), The Pensions Advisory Service (TPAS) and Pension Wise.

While many will be pleased that The Pensions Regulator is taking a tougher line on the dividends companies with pension scheme deficits should pay, Jonathan Stapleton says any action will be difficult to enforce.

Guy Opperman's appointment as minister for pensions and financial inclusion has been received positively, but experts say he must tackle a number of outstanding policy issues.