The confluence of Joe Biden’s inauguration as US president this week and a new raft of rules from the EU in March will serve as a catalyst for the development of environmental, social and governance standards, experts have said.

On the go: New powers granted to the Pensions Regulator by the Pension Schemes Act could see directors, lenders and trustees made criminally liable for their mistakes, LCP has warned.

On the go: The City watchdog has released an assessment tool to help financial advisers understand whether the defined benefit pension transfer advice they have given was suitable.

The Pensions Regulator has issued an interim response that experts say could presage meaningful changes to the final version of the defined benefit funding code, which is likely to be delayed until 2022.

The Department for Work and Pensions is to ban the charging of flat fees on pension pots under £100 in an attempt to stop their erosion by charges and administration costs.

On the go: The minister for pensions and financial inclusion has guaranteed that the Pensions Regulator’s new criminal sanctions and information-gathering powers will not be applied retrospectively.

On the go: Nest is to expand its private market holdings from 9 per cent to 15 per cent by March next year, with its investments in illiquids and infrastructure assets expected to exceed a fifth of its £13bn portfolio.

On the go: Pensions will be included in the government’s extension of the dormant assets scheme, despite previous concerns that life savings should be excluded due to “significant changes” in recent years.