All Regulation articles – Page 67

  • News

    TPR campaign outlines governance basics

    2017-09-19T00:00:00Z

    The Pensions Regulator has launched a new campaign directed at trustees and their advisers, as part of a wider push to raise governance standards, but experts say its success relies on collaboration and engagement from all stakeholders.

  • Sources: TPR, PPF
    News

    Restructuring professionals call for TPR-PPF merger

    2017-09-18T00:00:00Z

    The Pensions Regulator and the Pension Protection Fund should be combined into one streamlined entity and be open to restructuring deals involving pensions where insolvency is not imminent within 12 months, according to restructuring professionals.

  • Steven Cameron
    Opinion

    Will streamlined advice help close the advice gap?

    2017-09-18T00:00:00Z

    As part of the Financial Advice Market Review, with its aim of closing the advice gap, the Financial Conduct Authority has been consulting on new guidance on streamlined advice. 

  • Bloomberg
    News

    CMA begins consultant investigation as FCA calls trustees 'weak'

    2017-09-14T00:00:00Z

    The Financial Conduct Authority has finalised its referral of the investment consultancy industry to the Competition and Markets Authority, beginning an 18-month period of investigation into conflicts of interest in the sector.

  • News

    Scams continue to be a threat to members' savings

    2017-09-12T00:00:00Z

    One in 12 transfers may have been subject to fraudulent activity, a new report has found. The figure has fallen from last year’s corresponding study, which found potential scams in as many as one in nine cases.

  • Anthony Raymond
    Opinion

    Taking action to tackle gaps in scheme governance

    2017-09-12T00:00:00Z

    Earlier this year, we commissioned two surveys to gauge how pension schemes are meeting our expectations, and to explore the barriers they face.

  • News

    Second finance bill provides clarity, but concerns remain

    2017-09-11T00:00:00Z

    The government’s second finance bill has provided clarity on a number of pensions issues, including a reduction of the money purchase annual allowance, but experts are concerned that some people are still likely to suffer adverse consequences. 

  • Sarah Brown
    Opinion

    Was the financial crisis all bad news for pensions?

    2017-09-08T00:00:00Z

    From the blog: Ten years on from the financial crisis, we are only now seeing the full implications for pensions. It seems a bleak picture. With gilt yields remaining at historic lows, many schemes have seen deficits and contribution requirements balloon.

  • News

    PLSA urges schemes to focus on ‘inputs’

    2017-09-05T00:00:00Z

    A new report on pension scheme governance calls for greater focus on improving the quality of structures and personnel, or ‘inputs’, and argues that processes have received excessive attention.

  • Illustration by Ben Jennings
    Opinion

    Managers consolidate faster

    2017-09-01T00:00:00Z

    Editorial: Proposed new rules on asset management fee disclosure could cut into the consistently high profit margins of asset managers, but there are other trends investors should be aware of.

  • Features

    Research and Mifid II: Better quality, lower cost

    2017-08-31T00:00:00Z

    Analysis: As more asset managers announce their decision to absorb research costs in response to Mifid II, experts speculate that schemes may benefit from better returns and greater transparency.

  • News

    TPR prosecutes former BHS owner Dominic Chappell

    2017-08-22T00:00:00Z

    The Pensions Regulator has said it is prosecuting businessman Dominic Chappell, whose company Retail Acquisitions owned high street chain BHS when it became insolvent, leaving behind an underfunded pension scheme.

  • News

    TPR naming and shaming aims to boost trusteeship

    2017-08-14T00:00:00Z

    The Pensions Regulator has reaffirmed its commitment to improving standards of trusteeship, with a series of policies that place a particular focus on the role of professional and independent board members.

  • Getty Images
    News

    tPR greenlights British Steel RAA

    2017-08-11T00:00:00Z

    The Pensions Regulator has granted initial approval for the restructuring of the British Steel Pension Scheme, which will see members offered revised benefits at a level above those provided by the Pension Protection Fund.

  • News

    Calls for action on complexity at heart of DB transfer delays

    2017-08-09T00:00:00Z

    Increased demand for defined benefit pension transfers, lack of transfer experience among independent financial advisers and complexity of DB pensions is adding to transfer delays by putting strain on administrator resources, recent research has shown.

  • Bloomberg
    News

    CMA referral still likely for advisory firms as FCA consultation closes

    2017-07-26T00:00:00Z

    Apathy from the investment consulting industry to pro-competition measures suggested by the ‘big three’ firms is set to pave the way for a referral of the industry to the Competition and Markets Authority.

  • News

    #AskTPR — Your questions for the regulator answered

    2017-07-25T00:00:00Z

    The Pensions Regulator has updated its approach to regulation and the use of its powers in the face of an ever-changing retirement savings landscape — and it is ready to answer your questions.

  • News

    Now Pensions withdraws from mastertrust assurance list

    2017-07-24T00:00:00Z

    Now Pensions has removed itself from the Pensions Regulator’s list of schemes that have obtained mastertrust assurance for automatic enrolment, citing historic problems processing client contributions.

  • News

    DB white paper will be published in winter

    2017-07-13T00:00:00Z

    The Department for Work and Pensions will consider giving further “proactive” powers to the Pensions Regulator and examine the case for consolidation, in a long-awaited white paper on defined benefit to be published in the winter.

  • Nicola Parish
    Opinion

    TPR: Taking a proactive approach

    2017-07-11T00:00:00Z

    Earlier this year our chief executive, Lesley Titcomb, promised that the Pensions Regulator would be bolder, intervening more frequently and acting faster against those putting people’s retirement benefits at risk.