Law and Regulation

The Pensions Regulator's (TPR) guidance on double counting in multi-employer defined benefit (DB) schemes is misguided, widely cast and could force employers to cut deficit payments, according to lawyers.

Which? has launched a campaign for an annual management charge (AMC)cap of 0.5% for all schemes, despite claims this would outlaw the National Employment Savings Trust (NEST).

Pensions minister Steve Webb says the upcoming consultation on defined ambition will not set out prescriptive single-model options for enhanced defined benefit (DB) and defined contribution (DC) provision.

Schemes and insurers could face a levy to fund the European Insurance and Occupational Pensions Authority (EIOPA) under a European Parliament proposal to give the organisation an independent budget.

Rachel Dalton looks at how Steve Webb’s policies have adapted

Two thirds of contributors backed the idea of a single regulator for all workplace schemes, despite pensions minister Steve Webb rejecting the idea.

Aviva says it expects to have blocked 600 suspected pensions liberation requests by the end of 2013.

The Department for Work and Pensions (DWP) has launched a consultation into the statutory definition of money purchase benefits.

Large employers have criticised the government, pensions industry and payroll providers for the level of support available in setting up auto-enrolment (AE).

Benne Van Popta has been elected chairman of the European Insurance and Occupational Pensions' (EIOPA) occupational pensions stakeholder group.