Law and Regulation

Fraudsters don't stick to just one scam

The Pension Protection Fund (PPF) Ombudsman has rejected attempts by a pension scheme to have £132,097 of interest on a late payment of its levy waived.

The Pension Quality Mark (PQM) has launched a consultation on developing a kite mark for retirement income products.

The Society of Pensions Professionals (SPP) has published two standardised reporting statements to help trustees and independent governance committees (IGCs) comply with recently-introduced governance requirements.

RPMI has achieved the PQM Plus standard for its employee scheme in recognition of the governance standards, communications and contributions.

PP looks at why reviewing fund manager contracts is so important

Problems persist with state pension tweaks

The government has rejected the Law Commission's advice to clarify how trustees can consider environmental, social and governance (ESG) factors and ethical concerns in their investment decisions.

Trustees and sponsors are getting too close for TPR's tastes

The Treasury has still not changed the law to set in stone that drawdown funds are not subject to inheritance tax (IHT), despite telling PP five months ago that it would.