PBGC reviews regulation to help plan sponsors
US - The Pension Benefit Guaranty Corporation (PBGC) has announced plans to ease regulatory burdens faced by pension plan sponsors.
The PBGC is reviewing regulations as part of President Barack Obama's administration plan, announced earlier this year, to make regulation easier to use and cut costs for US companies. Under the review...
More on US
Responsible investment bill ignites shoehorning concerns
Legislation formalising trustees’ ESG duties could be overly prescriptive and lay down too much pressure on schemes, the industry has told PP.
Pension Schemes Bill will be law by the end of the year
Despite an anticipated delay in the Pension Schemes Bill being debated in the House of Commons, Guy Opperman has confirmed he fully expects it to be law by the end of 2020.
Pension tax changes for public workers lauded a fair choice
The government’s proposal of temporary changes to pension tax for public sector workers amid the Covid-19 pandemic is the fairest choice, says Royal London.
Oxfordshire County Council pension fund improves following TPR action
Oxfordshire County Council has seen a "significant improvement" to its pension fund governance following action by The Pensions Regulator (TPR).
DB pension freedom rights 'eroded' by Dear CEO letter
The recent 'Dear CEO' letter sent by the FCA to pension providers could mean pension freedoms for defined benefit (DB) scheme members are "being eroded", one SIPP provider has warned.
