Legislation

NEW ZEALAND - The New Zealand superannuation fund is defending against Green Party claims saying it invests in companies manufacturing cluster bombs.

European Union rules on the establishment of cross-border pensions must be simplified, Aon Hewitt believes.

Legislation to introduce a single-tier basic state pension is set to include options to help firms offset the loss of the contracting out rebate, according to a business lobby group.

The Department for Work and Pensions has confirmed when employers must pay pension contributions for workers on maternity leave after confusion over the law.

UK - The Society of Pension Consultants has urged government to pass legislation defining money purchase benefits immediately, or risk schemes not operating correctly.

The Society of Pension Consultants has urged government to pass legislation defining money purchase benefits immediately, or risk schemes not operating correctly.

The conclusion of HM Revenue & Customs' consultation on tax-relief for asset-backed contributions will bring welcome clarity and make such arrangements accessible for smaller schemes, says PwC.

A confusing section of the Pensions Bill, which dictates how different employees are treated under auto-enrolment, must be changed before it becomes law, Aon Hewitt warns.

Section 75 changes have failed to simplify the existing rules and merely added more complexity to employer debt rules, industry figures say.

Michael Bow's take on employer debt regulations