UK - The Faculty and Institute of Actuaries has published an advance version of "guidance note 35" on its website.
The guidance note deals with the authorisation of actuarial firms which carry out regulated activities under the Financial Services and Markets Act 2000 – including advice on pensions and annuities.
The guidance will come into effect on October 1 and is available from: www.actuaries.org.uk/files/pdf/map/GN35V2-0.pdf
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers