Law and Regulation

A group of pension fund managers have warned incoming bank capital rules could shut schemes out of derivatives or force them to sell long-term assets to generate cash.

The Pension Protection Fund (PPF) is in talks with British Home Stores (BHS) over transferring its 20,000 pensioners into the rescue agency.

The Chancellor has reportedly abandoned plans to reform pension tax relief in his forthcoming Budget after facing backlash from the industry and even the pensions minister.

The biggest stories were predictions the Chancellor would introduce a flat rate of tax relief, Merchant Navy Officers closing defined benefit to future accrual, and KPMG expanding its defined contribution team by a third.

Speculation is growing the Chancellor will introduce a Pensions ISA on March 16 but could he decide to keep the old system as well? Jonathan Stapleton looks at the benefits of a dual-system approach.

The independent governance committee (IGC) for Royal London has recommended a number of ways for the provider to improve value for money in the first chair's governance statement.

George Osborne will go for a flat rate of tax relief according to PP research.

The Government has announced it will fully index public service pensions for workers reaching State Pension Age from April 2016 to 5 December 2018.

The Pensions Regulator (TPR) has reminded trustees they will be fined if they fail to prepare the new annual governance statements within the statutory deadline.

As funds finalise their initial plans for pooling assets, two experts discuss the structural options.