With the festive break upon us, it’s time to find out what the pensions industry really wants for Christmas this year. Pensions Expert asked representatives of 21 organisations from across the UK retirement industry to come up with one ‘Christmas wish’ – something they would like to see over the next 12 months.
The Financial Conduct Authority is consulting on a cryptocurrency regulatory framework in a move that it hopes will nurture a safer environment in which to invest in digital assets.
The Department for Work and Pensions has launched a consultation on improving standards of trusteeship, governance and administration across trust-based pension schemes, as consolidation accelerates and trustee responsibilities continue to expand.
Pensions Expert quizzes lawyers to find out what they expect to be the key issues that trustees and pension professionals should look out for in 2026.
The government has introduced legislation to limit salary sacrifice for pension contributions to £2,000 a year – but experts warn the impact could be greater than official estimates suggest.
The Financial Conduct Authority has finalised its ‘targeted support’ regime for financial services customers, allowing pension providers and other firms to make limited recommendations to clients.
Torsten Bell has indicated that the government will legislate to bring fiduciary duty onto a firm statutory base, in a move that could negate the need for the Pension Schemes Bill’s controversial mandation power.
Pensions Expert selects key topics, quotes and themes from the third reading of the Pension Schemes Bill, which took place yesterday (3 December) in parliament.
Respondents to the government’s consultation have emphasised the need for retirement-only CDC to be clearly communicated to members and closely aligned with the Pension Schemes Bill’s ‘guided retirement’ rules.
More amendments have been put forward by government ministers and other MPs ahead of the bill returning to parliament tomorrow (3 December).
The government is expected to legislate before Christmas to restrict the national insurance exemption on employee pension contributions made via salary sacrifice, according to the Financial Times.
Speaking at the Pensions Expert Annual Conference on 26 November, TPR’s Nausicaa Delfas said the UK’s pensions system was “unfinished business”, with approximately 14.6 million people under-saving for retirement.