Law and Regulation

PP looks at the latest proposals to actually tell schemes what they pay asset managers

Top stories on PP this week included worries about the funding impact of DB members cashing out, small pot consolidation, and Steve Webb's hopes and regrets. Here's what you might have missed.

George Osborne's pensions freedom package, due to come into force in April, is at risk of becoming an "infamous example of political bungling" unless advice concerns are addressed, Phil Loney has said.

The industry has called for further clarity from the European Commission (EC) on the meaning of cross-border activity in the revised Institutions for Occupational Retirement Provision Directive (IORP II).

Pensions minister Steve Webb has urged the next government to introduce joint ministers across pensions, the ageing society and the Treasury to break down silos between the departments.

Asset managers should be subject to similar regulation to annuity providers if they are to get involved in the retirement income market, argues the Financial Inclusion Centre.

The Department for Work and Pensions (DWP) has published proposals to automatically transfer small pots when savers move jobs, with exemptions for funds outside the 0.75% charge cap.

The IASB's Stephen Cooper explains why new accounting rules are needed for hybrid schemes

The Investment Association has set out plans for asset managers to disclose portfolio turnover rates to investors and give them an idea of how this compares to other funds.

TPR’s acceptance of an £8.5m settlement in the Carrington Wire case is evidence of its limited powers, Natasha Browne says