Law and Regulation

Complaints made to the Financial Conduct Authority (FCA) about decumulation, life and pensions have continued to fall.

Robin Ellison talks about the acceleration in consultations and whether it is a good thing.

The Pensions Regulator (TPR) has moved closer towards demanding mandatory clearance of corporate transactions in certain circumstances.

A set of guiding principles for governance of the local government pension scheme (LGPS) investment pools have been published.

The industry has welcomed the Financial Conduct Authority’s (FCA) consultation on forcing asset managers to provide greater transparency on transaction costs.

Aviva Pension Trustees UK and Aviva Wrap UK have been fined £8,246,800 for failing to have adequate controls and oversight of its outsourced providers.

Baroness Jeannie Drake has questioned whether placing more responsibility on individuals amounts to an efficient long-term savings policy.

The Financial Conduct Authority (FCA) has proposed the introduction of a duty on asset managers to disclose aggregate transaction costs to pension schemes that invest in their funds.

The Pensions Regulator (TPR) has intervened to help members of a defined benefit (DB) scheme after it was accidentally converted into a defined contribution (DC) plan.

Savers should be able to use their nest eggs to buy a home, according to pensions minister Richard Harrington.