Law and Regulation

The Pensions and Lifetime Savings Association (PLSA) has called for the Pensions Regulator (TPR) to "take a proportionate and flexible approach" to defined benefit (DB) scheme funding.

Chairman of the Work and Pensions Committee (WPC) Frank Field has had a meeting with the Serious Fraud Office (SFO) director about Sir Philip Green.

The government should not impose a blanket ban on members transferring their defined benefit (DB) funds, according to an overwhelming 90% of Pensions Buzz respondents.

Labour leadership challenger Owen Smith has pledged to reform pensions tax relief should he become prime minister.

HMRC has been wrangling with a recent EU judgement saying DB schemes could reclaim VAT. With Brexit on the horizon, James Phillips explores whether the attempt is futile

Additional QE and bond purchases

The Insolvency Service has wound up a pension liberation company which helped savers access their funds earlier than allowed, following a High Court battle.

The government should give the regulator more powers to prevent companies from avoiding defined benefit (DB) deficits, according to a Pensions Institute report.

The method for calculating pension transfer redress following unsuitable advice looks set to be overhauled by the Financial Conduct Authority (FCA) later this year.

The new pensions minister Richard Harrington MP has committed to auto-enrolment (AE) and master trust regulation as he set out his priorities for the role.