All Law & regulation articles – Page 13
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NewsIndustry casts doubt on elements of Value for Money framework
A traffic light approach to value for money risks oversimplifying, while ensuring alignment with the government’s productive finance agenda could prove difficult, say commentators.
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NewsRegulators propose ‘red-amber-green’ Value for Money framework
FCA and TPR set out approach to DC value assessments, covering investment performance, charges and service quality metrics.
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OpinionBBC burnt in attempt to save pension costs
A recent court ruling has stated that members’ interests can include their expectation of earning future service benefits, as Arc Pensions Law’s Kris Weber explains.
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FeaturesAre Canadian pension funds the right template for the LGPS?
The chancellor wants UK pension schemes to learn from their Canadian counterparts when it comes to investing in UK infrastructure. But Canadian schemes are themselves under pressure for a perceived lack of domestic investment.
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OpinionThe gender disparities in pension systems
Rosa Wright and Bethel Kyeza, interns at the Pensions Policy Institute, explore the many barriers and issues affecting women’s ability to save for retirement.
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NewsCalls for government action after Virgin case ruling
Industry groups have called for government intervention in the wake of the Virgin Media-NTL case, which has cast significant uncertainty over the defined benefit (DB) sector.
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NewsTPR promises to be ‘reasonable’ over funding code
The new Defined Benefit (DB) Funding Code has been laid before parliament, paving the way for the long-awaited revised regulatory framework for DB schemes to come into force.
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OpinionWhy the EU Pay Directive is important to UK pension schemes
Even years after leaving the EU, UK pension schemes could face consequences from a new pay transparency directive. Francois Barker of law firm Eversheds Sutherland explains.
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NewsTPR clarifies capital release rules for superfunds
The Pensions Regulator (TPR) has set out its requirements for superfunds that wish to release capital to investors as part of their commercial business model.
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NewsITV strikes deal with TPR to end Box Clever saga
Nearly 3,000 former Box Clever employees will receive their pension benefits in full after the regulator struck a deal with ITV. Pensions Expert looks back on a 13-year saga.
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NewsVirgin-NTL case ruling poses ‘major issues’ for DB schemes
Lawyers and actuaries have called for the government to intervene after a court ruled that scheme rule amendments could be void if they are missing an actuarial sign-off.
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NewsBritish Steel redress hit by falling annuity prices
Redress paid to victims of the British Steel pension scandal has reached £106m, according to the Financial Conduct Authority (FCA).
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OpinionA bill and a review: what’s in, what’s out, what’s left to work out?
Rob Yuille of the Association of British Insurers takes a deep dive into the government’s announcements from the past week.
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NewsDWP failing to fix state pension errors, says LCP’s Webb
Nearly 200,000 parents are missing part of their National Insurance record – and the Department for Work and Pensions (DWP) is moving at “a snail’s pace” to fix it.
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News‘Challenging balance to strike’: Industry reacts to Pensions Review
The pensions sector has extended a cautious welcome to the government’s wide-ranging Pensions Review after the chancellor, Rachel Reeves, unveiled the plans over the weekend.
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NewsChancellor fires starting gun on Pensions Review
The anticipated Pensions Review kicks off this week after the government announced plans for a “big bang of reforms” for the sector over the weekend.
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News‘Fragmentation and waste’: Government sets sights on LGPS
The government has targeted a reduction in “fragmentation and waste” within the Local Government Pension Scheme (LGPS), as part of the first phase of its much-anticipated Pensions Review.
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NewsWhat is – and isn’t – in Labour’s Pension Schemes Bill
The new government set out plans for legislation on small pots consolidation, default decumulation options, and ensuring value for money at the State Opening of Parliament today (17 July).
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OpinionQuestion time: The expanding nature of fiduciary duty
Maggie Rodger, co-chair of the Association of Member Nominated Trustees, discusses fiduciary duty and the complexity trustees face when making decisions that impact on member security and returns.
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OpinionThe cornerstones of post-election pension provision
Law Debenture’s Scott Pinder considers what the new government may have in store for the pensions sector and how trustees and employers can best prepare themselves.