UK - The Lords have criticised the government over the increasing size and complexity of the Pensions Bill.
Lord Higgins of the Conservatives said a large number of amendments had been tabled to the legislation but no details were yet known.
At least 100 sets of statutory instruments will be added to the Pensions Bill before it receives Royal Assent.
Details of many initiatives - including the calculation of the Pension Protection Fund and Financial Assistance Scheme - will not be revealed until spring or summer of next year in regulations.
Pensions minister Baroness Hollis said: “My latest information is that there are likely to be at least 100 sets of statutory instruments on which officials have been working over the summer. As and when I can bring your Lordships information about that, I shall be happy to do so.”
Enhanced powers for The Pensions Regulator (TPR) to prosecute and fine company directors who "wilfully or recklessly" put their defined benefit (DB) pension scheme at risk will be hard to enforce, commentators say.
Melrose has pledged to contribute up to £1bn to GKN's pension schemes as part of a final offer to acquire the engineering business.
Existing master trusts will be forced to pay £41,000 when applying for authorisation under the upcoming regime, the government has confirmed.
UPDATE 2 - DWP publishes DB white paper: Stronger powers for TPR, DB chair statements to be introduced
The Pensions Regulator (TPR) will be given the power to fine company bosses who deliberately puts their defined benefit (DB) schemes at risk, the government has confirmed.