More Law & Regulation – Page 98
-
News
Bradford accounts manager accused of workplace pension cover-up
On the go: The Pensions Regulator has bared its teeth against a Bradford-based accounts manager who allegedly covered up a failure to provide workplace pensions at a string of restaurants.
-
News
Kingman: FRC should be replaced with new independent regulator
On the go: The Financial Reporting Council should be replaced as soon as possible with a new independent regulator with clear statutory powers and objectives, an independent review of the council has recommended.
-
News
TPR investigates suspected £18m pension fraud
On the go: Six people have been interviewed by Essex Police under caution in connection with a suspected pension fraud as part of a criminal investigation by the Pensions Regulator.
-
News
Savers unfazed by AE contribution rises
Auto-enrolment savers have proved indifferent to a rise in their contribution rates imposed earlier this year, according to research, but the government remains unconvinced by the case for using inertia to tackle low self-employed saving rates.
-
News
Regulator appoints Charles Counsell as new chief executive
On the go: The Pensions Regulator has announced the appointment of Charles Counsell as its new chief executive.
-
News
Chappell fined more than £124k for failing to reveal info about BHS sale
On the go: Dominic Chappell, the director and majority shareholder of the company that bought BHS for £1, has been ordered to pay more than £124,000 for failing to hand over information to the Pensions Regulator.
-
News
Falling healthy life expectancy for women pours fuel on SPA debate
On the go: Latest data on healthy life expectancy, published by the Office for National Statistics, have poured fuel on an already blazing debate about the recently increased age at which women can access their state pension.
-
News
Pensions 'silver lining' in Scottish Budget
On the go: While the recent Scottish Budget means that many people north of the border will be paying substantially more income tax than someone on equal earnings in the rest of the UK, there is a pensions tax relief 'silver lining'.
-
News
TPR warns trustees to check scheme status or fall foul of the law
On the go: Trustees of some pension schemes may be in the dark over their status, potentially leading them to fall foul of master trust legislation that could close their scheme.
-
News
FCA examines barriers to investing in patient capital
Experts have welcomed a recently published Financial Conduct Authority consultation, which seeks to address barriers the watchdog's rules may present to investment in patient capital, but concerns remain over the suitability of this type of investment for defined contribution schemes.
-
News
CMA upholds competition judgment on consultants and fid mans
On the go: The Competition and Markets Authority has published its final report into investment consultancy and fiduciary management, maintaining its finding of an adverse effect on competition in both sectors.
-
News
UK pension deficit could increase by £219bn in a hard Brexit
On the go: A no-deal Brexit could see the aggregate buyout deficit of UK pension funds rise by as much as £219bn (37 per cent), according to Cardano.
-
News
PPF confirms 2019/20 levy at £500m
On the go: The Pension Protection Fund has confirmed that the levy it expects to collect for the 2019/20 year is £500m, down from the £550m estimated for 2018/19.
-
News
TPR prosecutes accountant suspected of fraud
On the go: An accountant is to appear in court charged with fraud and making employer-related investments.
-
News
Field calls for swift action from TPR on Johnston pre-pack
On the go: Chair of the Work and Pensions Committee, Frank Field MP, has written to the Pensions Regulator with serious concerns about the possible 'dumping' of pension liabilities using a pre-pack deal.
-
News
Government fires ‘starting gun’ on superfund deals
A government consultation published last week will allow the UK’s commercial defined benefit consolidators to press ahead with their first deals, it has been claimed, although some experts say questions remain over how the businesses can be prudently regulated.
-
News
DWP expects superfunds to have 99% probability of success
On the go: The Department for Work and Pensions has outlined its thinking on the regulation of commercial defined benefit consolidation vehicles in a consultation, removing a major hurdle to scheme sign-up.
-
News
DWP maintains £10,000 earnings threshold for 2019-2020
On the go: The Department for Work and Pensions has announced that the earnings threshold for auto-enrolment into a workplace pension is to be frozen at £10,000 for 2019-2020.
-
News
PMI report predicts just 20 master trusts in five years’ time
On the go: There will be no more than 20 master trusts in five years’ time, according to in an influential report from the Pensions Management Institute, which predicts the new master trust authorisation regime will lead to widespread consolidation and collaboration.
-
NewsBT section must stick to RPI, Court of Appeal says
BT has lost an appeal seeking to allow it to downgrade the inflation protection given to some of its defined benefit members.