Law & RegulationRSS

Gig economy workers to get more rights

On the go: More than 1m gig economy workers in such companies as Uber and Deliveroo may soon have more employment rights.

Treasury Committee scrutinises treatment of vulnerable customers

On the go: The Treasury Select Committee has today launched a new inquiry into vulnerable consumers’ access to financial services.

TPR: Only one master trust authorisation in the pipeline so far

On the go: Master trusts have been slow off the mark to obtain authorisation from the Pensions Regulator. They have a six-month window from 1 October to gain approval. Since then only one master trust has applied.

FOS receives just 300 pensions transfer complaints

On the go: Since the introduction of the pension freedoms in 2015, the Financial Ombudsman Service has received fewer than 15,000 complaints involving pensions. Of this figure, just 1,700 have been about pension freedoms and around 300 of these complaints were about defined benefit transfers.

Supreme Court: Barnardo's wording does not allow RPI/CPI switch

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The Supreme Court’s rejection of an attempt by Barnardo’s to downgrade its pension increases is a reminder that courts are unlikely to bend rules to accommodate the commercial needs of defined benefit sponsors, according to legal experts.

Barnardo's scheme loses Supreme Court RPI appeal

News On the Go

On the go: Children's charity Barnardo's may not change the inflation protection it provides to members of its defined benefit scheme, the Supreme Court has ruled.

Self-employed back expansion of AE to cover gig economy

On the go: Self-employed workers want government help to save for retirement and would back new laws to expand auto-enrolment or to make saving for retirement compulsory, new research from Prudential shows.

OPDU launches independent pension trustee liability policy

On the go: The Occupational Pensions Defence Union has launched a pensions trustee policy aimed at individual independent trustees in the UK.

CDC consultation aims to avoid Dutch pitfalls

Collective defined contribution schemes will be designed to minimise intergenerational unfairness, according to the Department for Work and Pensions, as it announced plans to legislate for the benefit structure in late 2019.

Investment consultants could be under microscope for next decade

Analysis: Investment consultants may not have taken the brunt of the Competition and Markets Authority's recommendations in July, but the industry will have to guard its reputation carefully through what could be a decade of regulatory scrutiny.