Law and Regulation

The industry has expressed surprise at the number of defined contribution (DC) plans failing to complete their scheme returns on time.

The former chairman of the Airways Pension Scheme (APS) has told the High Court trustees of British Airways' (BA) other pension scheme must accept their decision to award a 0.2% increase.

Richard Harrington has said he has no objection to giving trustees the right to change indexation in rare cases, as long as members are protected against higher living costs.

The chancellor has confirmed the government will keep the state pension triple lock but warned it could be cut in future due to rising longevity.

The government has reaffirmed its commitment to crack down on pensions cold calling and give firms more powers to block suspicious transfers.

The government has announced a consultation into reducing the money purchase annual allowance (MPAA).

A £250m contingent payment, due to be paid in 2019, was created for Airways Pension Scheme (APS) trustees to use however they wanted, according to its former chairman.

The 2017 auto-enrolment (AE) review must have a wide scope and look at the longer term to ensure adequate savings, the industry has told the pensions minister.

Member-nominated trustees (MNTs) of the Airways Pension Scheme (APS) became more flexible and mature as time progressed, a fellow trustee has called.

The chancellor will outline plans to ban pensions cold calling and give firms more powers to block suspicious transfers in this Wednesday's Autumn Statement.