Law and Regulation

The Pensions Regulator (TPR) expects a significant increase in the number of sanctions it hands out for auto-enrolment non-compliance as small employers hit their staging dates.

The pensions industry needs to take a more positive approach to the post-Budget changes, according to Association of British Insurers director-general Otto Thoresen.

The government is looking at scrapping the link between the auto-enrolment trigger and the threshold at which workers begin paying income tax.

The industry reacts

The European Insurance and Occupational Pensions Authority (EIOPA) has launched a consultation on solvency rules for EU pension schemes.

The Treasury is laying its proposed legislation to give savers more freedom over how they take a tax-free lump sum from their pension pot before parliament today.

A ruling by the deputy pensions ombudsman (PO) has clarified trustees' responsibility around communicating tax issues.

The UK government has launched a consultation on improving governance and accountability in local government pension schemes (LGPS).

The UK pension system has improved over the last year, according to the Melbourne Mercer Global Pensions Index, but could lose ground after retirement restrictions are lifted.

The government is the biggest rival annuity providers face in delivering retirement income products to consumers, according to Barnett Waddingham.