Legislation

Pressure is building on the coalition government to slow the rate of acceleration of the state pension age for women.

Solvency II-style capital requirements for UK pensions schemes will be put in place by the European Commission before the end of the decade, industry sources say.

IRELAND - The levy imposed on pension funds to finance a plan to create 100,000 jobs over the next four years will not be increased or extended, the Government has pledged.

Public sector unions have launched a legal challenge over the government's decision to adopt Consumer Prices Index inflation to uprate pensions - the second bid in as many months.

UK - Switching pension uprating to Consumer Prices Index is the biggest "raid" on pensions since the change to scheme corporation tax arrangements in 1997, a trade union says.

Pensions minister Steve Webb has defended the green paper on simplifying the state pension, saying the proposals would provide better outcomes for women.

The Pensions Bill has moved to the House of Commons with one additional amendment - to strengthen the regulatory framework of the alternative certification model.

Nearly 200,000 people are waiting for their schemes to be assessed for entry into the Pension Protection Fund, the lifeboat organisation says.

AUSTRALIA - Government proposals to create the position of ‘trustee director' have been dismissed by the Association of Superannuation Funds of Australia (ASFA) as doing little to increase accountability.

Increases to state pension age will hit the poorest men in society hardest, as one-fifth die before they can draw a pension, a former pensions minister says.