Law and Regulation

The government is to change the definition of financial advice for regulated firms - replacing, with effect from 3 January 2018, the two existing interpretations with a single one based on the Markets in Financial Instruments Directive (MiFID) definition...

The AE review is considering bringing transaction costs into the DC charge cap, but such a move could lead to perverse behaviour that is not in members' best interests. Stephanie Baxter explores the arguments

The government should clarify how failing master trusts can be wound up and taken over to ensure members are not left in limbo, according to Adrian Boulding.

PP research finds disagreement on whether transfers to SSASs are the problem and should be barred.

Aon Hewitt, Mercer and Willis Towers Watson have joined forces in calling for measures to tackle transparency and competition issues raised by the Financial Conduct Authority (FCA).

Anthony Filbin says trustees must prepare for new responsibilities.

Western governments will never stop interfering in pensions due to affordability challenges arising from ageing populations, the former Australian pensions minister has warned.

Richard Harrington has said the government has not made up its mind on indexation after it was criticised for trying to raid pensions in its green paper.

The Pension Protection Fund (PPF) is proposing a new levy rule for schemes that cease to have a substantive sponsor following a restructuring in order to protect other levy payers.

The Department for Work and Pensions (DWP) has proposed ways to improve the defined benefit (DB) system in its long-awaited consultation paper.