Law and Regulation

The Pensions Regulator has issued Guinness Peat Group (GPG) with warning notices in respect of two defined benefit (DB) within its business.

Defined contribution (DC) schemes could be exempt from paying VAT on management costs, according to a European Advocate General.

The government must not "lose sight" of improving defined contribution (DC) pensions as the Department for Work and Pensions (DWP) develops its defined ambition (DA) project, industry figures warn.

The Financial Reporting Council (FRC) has called for better 'comply or explain' disclosure from signatories of the UK Corporate Governance Code.

Pensions minister Steve Webb responds to an open letter from Linklaters partner Tim Cox on the money purchase consultation.

Nortel Networks has agreed to pay the trustee of its UK pension scheme $37.5m (£22.9m) to settle claims against its US firms.

The Financial Conduct Authority (FCA) has fined insurance broker JLT Specialty £1.8m for an "unacceptable" approach to bribery & corruption risks from overseas payments.

The Regulatory Policy Committee (RPC) has condemned the Department for Work and Pensions' (DWP) consultation on a pension scheme charge cap as ‘not fit for purpose'.

A judgment on the maximum value of any financial support direction (FSD) against Lehman Brothers is expected in the Upper Tribunal today.

Four men have been banned from working in financial services over their ‘disgraceful' behaviour in relation to occupational pensions which saw them net £4m in unnecessary commission.