Law and Regulation

ISA-style pensions 'spell disaster'

A group of local government pension funds in the Midlands have launched plans to set up a multi-asset investment pool to meet the government's plans to cut costs.

The proportion of pension funds that say stewardship is regularly discussed at trustee meetings has risen to 37%, according to a Pensions and Lifetime Savings Association (PLSA) survey.

Have politicians forgotten basic behavioural finance?

The Federal Reserve's landmark decision to raise interest rates for the first time in almost a decade paves the way for the UK to follow suit. PP looks at what could be in store for schemes.

The government has kept the qualifying earnings band for auto-enrolment at £10,000, resisting calls to lower the trigger to get more people saving into a pension.

The Financial Conduct Authority (FCA) has fined Threadneedle Asset Management more than £6m for having inadequate controls in its fixed income front office.

People drawing retirement income from annuities will be able to sell their contracts from 6 April 2017, the government has confirmed.

The Work and Pensions Committee has launched an inquiry into pensions automatic enrolment (AE).

Legal & General (L&G) will no longer report to shareholders on a quarterly basis, after a landmark decision removed the requirement for interim reporting.