Law and Regulation

Two pension trustees have appeared in court charged with making illegal loans from a company pension scheme to the scheme employer.

The revised defined benefit (DB) funding code is not likely to be live until late 2022, The Pensions Regulator (TPR) has said.

Many trustees are not fully aware of the new requirements of The Pension Regulator’s (TPR) combined code of practice, giving them little time to prepare for change, Barnett Waddingham says.

The pensions freedoms rules should be amended to allow savers to access their 25% tax-free lump sum and leave the rest invested in their pension, Lane Clark & Peacock (LCP) has urged MPs.

The Pensions and Lifetime Savings Association (PLSA) has called for a new set of product, communication and governance standards to allow greater provider support for savers.

Dawn Heath says the government has abdicated responsibility to the regulator over how to apply new criminal sanctions.

Doing nothing is easy. When it comes to making decisions, many of us are primed to follow the path of least resistance. We stick with defaults and we don't bother with "the hassle".

Nicola Rondel looks at how to approach the issue of GMP equalisation and transfers when schemes do not have the full picture

Pension transfers will be red flagged and blocked if savers have been approached via social media under stronger anti-scam plans set out by the government today.

Emma Martin looks at how trustees and employers can provide support to their pension scheme members.