Law and Regulation

A "simplification" of auto-enrolment legislation will be carried out in around a year's time, Steve Webb has said.

The Treasury should use the proceeds from winding up quantitative easing to prop up failing pension schemes and support the Pension Protection Fund, the National Association of Pension Funds says.

The European Insurance and Occupational Pensions Authority has launched an assessment of how long-term guarantees work under Solvency II.

Former tax boss Andrew Meeson took the stand at Birmingham Crown Court yesterday to deny allegations he played a leading role in a £5m pensions tax relief fraud.

The Trustee of the Nortel Networks UK Pension Plan and the Pension Protection Fund have been left empty-handed after an international mediation failed to settle the dispute over the assets of collapsed telecoms giant Nortel Networks Corporation.

The government has launched a call for evidence on whether smoothing discount rates could "materially improve" UK employers' ability to attract investment or invest in the short term.

The Department for Work and Pensions has launched a consultation on creating an objective for the Pensions Regulator to consider the long-term affordability of deficit recovery plans for defined benefit schemes' sponsors.

The Pensions Regulator has given its Determinations Panel an explicit power to request extra evidence from schemes when considering cases.

The Pension Protection Fund is to set up three new panels in a bid to speed up its assessment and wind-up processes.

The government will publish a call for evidence on two major changes to the way the way defined benefit deficits recovery plans are regulated tomorrow (Friday 25 January).