Legislation

The updated IORPs Directive will be implemented without stringent Solvency II-style capital requirements, a European Commission insider believes.

The government risks undermining confidence in auto-enrolment through "endless changes and delays", warns the National Association of Pension Funds.

Supreme Court ruling welcomed

The Scottish government has reopened talks with unions over public sector pension reform despite Westminster's insistence that it has made its final offer.

A Supreme Court ruling permitting firms to retire workers at a fixed age has been welcomed by experts as an important clarification of mandatory retirement laws.

Members of the Pensions Action Group have renewed lobbying MPs to improve their compensation package from the Financial Assistance Scheme.

A European Parliament committee has voted to exclude pension funds from the Europe-wide financial transaction tax.

Employers could have powers to forcibly retire employees at 65, the Supreme Court has ruled, throwing into doubt the abolition of the default retirement age.

Auto-enrolment provides an opportunity to increase levels of ethical investment in UK schemes, says pensions minister Steve Webb.

The industry speaks with a rare degree of unanimity on GMP equalisation: it is unnecessary and, if carried out in the way preferred by the Department for Work and Pensions, extremely expensive.