Legislation

The government has redrafted legislation on asset-backed funding published two months ago - potentially jeopardising transactions in progress, a consultant says.

The European Commission will not "copy and paste" Solvency II laws into a fresh occupational pension scheme directive, the architect of the IORP review says.

The government has proposed to exempt employees who work both in the UK and European Economic Area member states from auto-enrolment.

Europe's latest white paper on pension provision has done little to allay fears for UK defined benefit schemes should Solvency II come into force.

A European Commission white paper on how to tackle major challenges facing pensions across Europe includes a commitment to revise the IORP directive and Solvency II requirements.

Insolvent employers' pension debts could balloon under a landmark legal case on the use of annuity rates to calculate section 75 liabilities, a lawyer says.

A government committee has trashed the use of corporate bond yields to calculate public sector pension liabilities due to the "continuing instability" of annual discount rates.

Some third sector organisations remain unprepared for auto-enrolment, with one in seven totally unaware of their responsibilities towards staff, a poll shows.

Solvency II will force all remaining defined benefit schemes to close and could lead to significant job losses as UK companies fold, lobby groups warn.

Prime Minister David Cameron has warned of a pensions "apartheid" between the public and private sector if reforms are not pushed through for public sector workers.