The Investment Association has issued a briefing note in the wake of a series of property funds suspending trading this week, saying the move is the "most important tool" to protect investors.
The association said the asset management industry clearly recognises and explains the fact that open-ended funds carry a liquidity risk for unitholders and the suspensions show the regulations are "working...
Hargreaves Lansdown and Liberty SIPP have again been named as the slowest two providers to move pensions through Origo's Transfer Service.
The Pensions Regulator (TPR) increased its use of frontline powers by 32% over the last year, it confirmed in its annual report and accounts.
The Pensions Regulator (TPR) is considering plans to combine its 15 codes of practice into a single, shorter code as part of its 'clearer, quicker and tougher' initiative.
HM Revenue and Customs (HMRC) does not know how many people it has fined for breaching pension tax relief rules, a Freedom of Information request has revealed.