Regulation

EU officials were subject to bruising exchanges over the impact of Solvency II on UK pension funds during a work and pensions select committee hearing yesterday.

The trial of Tony Morris, who is accused of defrauding a number of pension funds as part of the £52m GP Noble fraud, has started at Southwark Crown Court.

The Society of Pension Consultants has backed proposals from the Financial Services Authority to revise assumptions used in transfer value analysis.

British Midland Airways' pension scheme is poised to entered into Pension Protection Fund assessment after the parent company Lufthansa agreed to sell the struggling airline to International Airlines Group.

The country's largest supermarket chains will become the first employers to auto-enrol their workforces this autumn.

Government plans to enforce GMP equalisation will bring about a fresh wave of defined benefit scheme closures and could imperil the overall health of the economy, the industry warns.

The Pensions Regulator has revealed more details about two trustees it removed last year for investing £2m of scheme assets in an unregulated Belize-based investment vehicle.

Schemes and trustees could be faced with conflicts when dealing with bankrupt members after the Raithatha v Williams verdict, lawyers warn.

The Pensions Ombudsman has rejected a case arguing members of the Armed Forces Pension Scheme were misled into the assumption benefits would always be linked to RPI.

Forcing employers to auto-enrol agency workers will be costly for businesses and deter saving among temporary staff, an MP warns.