Law and Regulation

Yesterday's ruling that two schemes sponsored by Arcadia can switch to consumer prices index (CPI) linking will make it harder for other trustees to resist such a change, warns a lawyer.

The Pensions Regulator used its formal powers to ensure employers comply with their automatic enrolment duties on 23 separate occasions up to the end of June this year.

UK pension funds' tendency to herd in the same asset classes could lead to volatility in asset price or economic cycles which could be detrimental for the whole economy, according to a research paper from the Bank of England.

A High Court judge has upheld the right of schemes to use the consumer prices index (CPI) as the inflation measure for increasing deferred pensions and pensions in payment.

All schemes with mixed charge structures or fees in excess of 0.75% will be included in the audit of legacy defined contribution (DC) schemes launched earlier this year.

Life and pensions underlying profits at Lloyds Banking Group were down 18% to £461m in the first half of the year, latest results show.

The Pensions Regulator's (TPR) updated defined benefit (DB) code of practice comes into force today.

Online register idea touted as ‘win-win’

The Institute and Faculty of Actuaries (IFoA) and the Financial Reporting Council (FRC) have outlined how actuarial regulation will be divided between the two bodies.

Harmonising pension policy on a European Union (EU) level is unlikely to work due to a lack of demand for cross-border schemes, according to a Treasury report, published yesterday.