Law and Regulation

Three bodies face major changes

The Chancellor has gone ahead with plans to introduce a scheme to help lower paid people to save, amid concerns it could disincentivise pensions savings.

Budget documents reveal the government is looking to clamp down on the range of benefits available under salary sacrifice arrangements.

As the Chancellor presents his Budget today, PP looks at what could come up for pensions.

The Pensions Regulator (TPR) has warned a number of trustees it could crack the whip and fine them for not completing their scheme returns.

Women affected by the increase in state pension age from 63 to 66 could access their savings early if they accept lower weekly payments, according to MPs.

Despite heightened awareness of index huggers, this cosy practice is still a big problem, finds PP.

Prudential has reduced charges and axed exit fees to deliver members value for money following recommendations from its independent governance committee (IGC).

The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have given the go-ahead for Just Retirement and Partnership to merge.

A majority of respondents say the Chancellor's change of mind is only temporary.