Law and Regulation
PPF levy rules 'broadly unchanged' with estimated £45m increase
The Pension Protection Fund (PPF) has confirmed its 2020/2021 levy rules and revealed they remain stable and broadly unchained from the previous levy year, expecting an 8% rise in collection.
Is your governance really ticking all the boxes?
Schemes may have had a trustee board structure in place for 50 years, but is it really ticking all the governance boxes in the current – and increasingly onerous – regulatory environment, asks Karen Parry.
Boris must not spurn the pensions opportunities from a Tory majority
The Conservatives’ romp at last week’s national poll gives a great chance to make dramatic changes to boost people’s pensions, says Gregg McClymont.
General election 2019: Tory win bolsters pension schemes bill hopes
The Conservativess' pension policies are expected to be implemented in the coming months after yesterday’s general election confirmed a substantial win for the party.
Keep it simple, stupid
Tax simplification must return to the top of the government’s pensions agenda in order to boost saving potential, says Alan Pickering.
General Election 2019: The pensions manifesto pledges
All of the major political parties have now unveiled their policies on pensions ahead of the general election. Professional Pensions looks at what they have promised.
UPDATED: The full list of pensions ministers since 1998
There have been a total of 15 ministers responsible for pensions since 1997. Here is the list in full.
AE 'failing construction workers' as just one in four in a workplace scheme
Just 23% of blue collar construction workers are saving into a workplace pension, a Freedom of Information (FOI) request by Unite has revealed.
Stop, look, listen, think: What the DWP should do for the general levy
Government plans to increase the general levy will disproportionately hit members who have been auto-enrolled, says Darren Philp
Further delay to professional trustee accreditation framework
The professional trustee accreditation process, set up by the Professional Trustee Standards Working Group (PTSWG), has been delayed again and is now expected to launch “in the new year”.
TPR publishes guidance on fiduciary manager selection
The Pensions Regulator (TPR) has published guidance detailing how schemes that use fiduciary managers should run a competitive tender process when appointing a manager.
European court to deliver landmark ruling on PPF benefits next month
The European Court of Justice (ECJ) will deliver its judgment next month in a landmark case on whether pension lifeboat funds are paying out the right level of benefits.
Conservatives commit to review of taper and net-pay issues
The Conservative party will hold reviews of the tapered annual allowance and net-pay schemes if it is elected back into government, it has said.
How the pension schemes bill would increase trustee reporting obligations
Schemes must be aware of the proposed rules on reporting corporate events, or they could face a £1m fine, says Anne-Marie Winton.
Labour and Lib Dems unveil election manifestos
The Labour party and the Liberal Democrats have published their 2019 election manifestos, with little similarities in proposals for the future of pensions policy.
Govt in 'quick fix' move to pay NHS workers' pension tax bills
The government is to pay the tax bills of NHS workers caught out by changes to pension contribution limits who have been turning down additional work for fear of running up large tax bills.
Why aren't general election campaigns about pensions?
Pensions are too complex an issue to discuss on the general election campaign trail. Steve Webb says this is probably a good thing.
General election 2019: the pensions manifesto the industry wants to see
With political parties drawing up their manifestos for next month’s general election, Kim Kaveh explores the industry’s ambitions for future pensions policy.
Children's nursery director admits to misleading TPR
The director of a Merseyside nursery has admitted to failing to comply with automatic enrolment (AE) responsibilities after setting up a pension scheme that was left empty.
Beyond authorisation: What lies ahead for master trusts?
Now authorisation has ended for existing schemes, Kim Kaveh reflects on the process and asks what the future holds for ongoing supervision.
Recruitment agency admits misleading TPR and avoiding AE duties
A recruitment agency and its managing director have pleaded guilty to misleading The Pensions Regulator (TPR) by falsely claiming staff had been put into a workplace pension.
Industry calls for simpler pensions tax system
The government should review pension tax rules and simplify the system, according to AJ Bell and the Association of Consulting Actuaries (ACA).
TPP election manifesto urges next government to bolster auto-enrolment
The People’s Pension (TPP) has urged the next government to improve saving for low paid workers and increase pension transparency ahead of the 12 December general election.
High Court approves BA deal with Airways Pension Scheme trustees
Justice Antony Zacaroli has approved the settlement deal between British Airways (BA) and the trustees of the Airways Pension Scheme (APS).
