Regulation

Chancellor George Osborne has confirmed the state pension age will reach 67 by 2026.

The Department for Work and Pensions has admitted it is ‘gravely concerned' over proposals to bring the IORP Directive more into line with the Solvency II.

The Pensions Regulator has moved to reassure employers auto-enrolment plans will remain on track after government's announcement enrolment dates will be delayed.

The government's delay to the auto-enrolment timetable has been met with dismay from the pensions industry and trade unions.

Auto-enrolment will not work without clear and transparent charges from pension schemes, the National Association of Pension Funds said today.

The government must not delay the auto-enrolment timetable and it is essential political consensus around the reforms is maintained in spite of economic hardship, Labour says.

EIOPA's consultation could impose Solvency II requirements that would send the UK pension system into "limbo", according to Mercer.

It would be "misconceived" for the government to act to restrict short-termism in pension fund investing, warns the Society of Pensions Consultants.

The Pensions Regulator has hit back at accusations it is "sitting on its hands" over guidance on asset-backed contributions but ruled out bringing a test case to clarify their legality.

Anna Copestake of Sackers discusses legal issues around statutory employers.