Law and Regulation

Barnett Waddingham's Steve Elliott says staging 500,000 more firms than planned for will throw up some challengers for the industry

Fraudsters have compiled a database of nearly 200,000 people - with an average age of 74 - on so-called "suckers lists".

PP is holding a live webinar on 29 July

Two trustee firms connected with suspected pension liberation schemes have been wound up by the High Court following a probe conducted by the Insolvency Service.

The Pensions Regulator (TPR) issued 424 fixed penalty notices and five escalating fines against employers for auto-enrolment failures in the year to March.

The Pensions Regulator (TPR) says 500,000 more small and micro employers than previously estimated will have to comply with auto-enrolment (AE) duties over the next three years.

The industry believes putting members on the boards of all schemes would improve governance, but says they must be given enough time off and qualifications should be mandatory.

The government has published a 26-point fact sheet outlining the transitional arrangements for people who have been contracted-out in the past.

The Treasury took the lead on the retirement flexibilities introduced in April because they were mostly concerned with removing tax charges, Chancellor George Osborne has said.

The biggest ever overhaul of public sector pensions are expected to save the government more than £430bn by 2061/2062, according to HM Treasury.