Law and Regulation

PwC's Raj Mody says 'freedom and choice' should be extended to state benefits

The Liberal Democrats would explore overhauling tax relief on pensions contributions if they play a part in the next government, according to the party's manifesto.

The Green party wants to halve the amount of tax relief given on pension contributions to fund a non-contributory ‘citizen's pension'.

The Bank of New York (BNY) Mellon has been fined £126m by the Financial Conduct Authority for serious failures to safeguard clients' assets.

The Pensions Ombudsman (PO) has ordered a deferred member of the Royal Mail Statutory Pension Scheme to return an overpayment of £2,152 resulting from an administrative error.

The Conservative Party's election manifesto launched today promises to put pensioners at the centre of policy making.

Labour has said it will reform the pensions market to protect consumers from retirement ‘rip-offs' and make sure pension providers put savers first.

The Financial Services Compensation Scheme (FSCS) will soon protect the total value of people's annuities, it has confirmed.

PP examines 24 candidates for the pensions brief

Trustees should request written confirmation of how member data supplied to employers for the end of contracting out will be used, lawyers have warned.