Law and Regulation

ITV is attempting to have some of the claims levelled against it in the Box Clever case struck out at the Upper Tribunal.

Shadow chancellor Ed Balls has promised that a Labour government would restrict higher rate pensions tax relief.

Almost seven out of 10 contributors think the European Commission should rule out adding any solvency requirements to its overhauled pensions directive.

The majority of respondents did not feel sufficiently well-informed to say whether The Pensions Regulator (TPR) was getting value for money on its legal spending.

Office of Fair Trading targets charges, governance and scale

The Office of Fair Trading has targeted charges, governance and small schemes in its recommendations for reforming defined contribution (DC) saving.

Old, high-charging pension arrangements and small trust-based schemes are a threat to £40bn of defined contribution (DC) savings, the Office of Fair Trading has found.

HM Revenue and Customs (HMRC) must tighten up its scheme registration process to prevent pensions liberation, Aries Pensions director Ian Neale warns.

A pensions liberation working committee will be set up "within weeks" to create best practice guidelines for trustees, Pensions Administration Standards Association (PASA) chair Margaret Snowdon says.

Third-party administrators (TPAs) have blocked 158 transfer requests due to increasing vigilance around pension liberation fraud, according to a Go Pensions survey.