Law and Regulation

The Pensions Regulator (TPR) has used its latest annual funding statement to urge trustees facing difficult negotiations make greater use of flexibilities in the funding regime.

The Pensions Regulator has urged trustees and employers to "work in a collaborative and transparent way" on scheme funding in its latest defined benefit code of practice.

The nine key points from the regulator's new code of practice

Higher rate taxpayers who do not pay into a pension scheme are missing out on a collective £225m in tax relief every year, according to data from Prudential.

The government must make an "urgent decision" on the specifics of the guidance guarantee to ensure the April 2015 deadline is met, Friends Life has said.

The Association of Consulting Actuaries (ACA) has backed the government's plans to give defined contribution (DC) savers more flexibility and urged it not to ban transfers from defined benefit (DB) schemes.

Members of the Visteon pension fund have accepted a £28m settlement with former employer Ford over losses suffered when the scheme entered the Pension Protection Fund (PPF).

The Financial Conduct Authority (FCA) is to revise the terms for its market study into retirement income, following changes to the pension landscape announced in the Budget.

A Supreme Court ruling means members of limited liability partnerships (LLPs) could be considered workers for auto-enrolment (AE) purposes.

Less than a quarter of the industry thinks The Pensions Regulator (TPR) gives good value for money, according to PP research.