All Regulation articles – Page 75
-
Opinion
Should the secondary annuity market have been pushed back?
The April 2016 timetable for implementation of the secondary annuity market was irresponsible, but the government has been sensible enough to change it.
-
OpinionMind the gap(s) – consultation on advice launched
From the blog: The Financial Conduct Authority has launched a review of the financial advice market, as the industry calls for greater clarity and accessibility around guidance and advice.
-
OpinionWhat we can learn from the Nortel ruling
July saw judges in the US and Canada confirm their May 2015 groundbreaking decision to distribute insolvent Nortel group's remaining assets to worldwide creditors on a modified pro rata basis.
-
Opinion
Holiday reading: Transfers and exit charges – consultation basics
From the blog: The government has today launched a 12-week consultation into pension transfers, early exit charges and the provision of financial advice.
-
Opinion
Reviving the argument for an independent pension commission
In March Dame Anne Begg, the chair of the Work and Pensions Committee, said: “A new independent pensions commission is now needed to provide coherence in pensions policy, and to build public confidence and long-term stability in the system.”
-
OpinionEditorial: One hundred days…
Last week saw us pass the somewhat arbitrary milestone of 100 days since the introduction of the freedoms, and providers and commentators rushed to give their take on the story so far.
-
News
Regulator lists assured mastertrusts to help small employers
The Pensions Regulator is ramping up its efforts to help guide small and micro employers through auto-enrolment and has published a list of approved mastertrusts, as 1.3m organisations prepare for their staging dates.
-
NewsIndustry left reeling by latest pension tax proposals
Summer Budget: Chancellor George Osborne today unveiled a green paper proposing a significant overhaul of the current pensions tax relief system, going beyond what the industry had expected and acting as a harbinger of further radical reform.
-
News
Regulator fleshes out compliance approach to public sector
The Pensions Regulator has released details of its compliance and enforcement policy for public service schemes, after taking on oversight of more than 200 plans from April.
-
News
Regulator issues third contribution notice for CWL fund
The Pensions Regulator has issued a contribution notice to an individual in relation to the Carrington Wire pension scheme, but experts warn the amounts recouped will not match the benefits previously promised to members.
-
OpinionHow seriously is your scheme taking a possible Brexit?
Any Other Business: The Bank of England last week came under scrutiny after details were leaked of a secret study on the financial impact of a decision to leave the European Union.
-
News
Retirement adequacy slips down DC agendas
DC consultants have called for a refocus on retirement adequacy as new figures show two-thirds of employers prioritise compliance requirements over traditional benefit drivers.
-
NewsOlympic Airlines judgment prompts calls for slack in PPF rules
The Supreme Court this week ruled against trustees of the Olympic Airlines SA Pension Scheme’s claim for greater Pension Protection Fund compensation, but lawyers are calling for a loosening of insolvency criteria for entry into the lifeboat.
-
News
LGPS funds feel the pressure as local pension boards get off the ground
Public sector pension funds are under pressure to compile their pension boards ahead of the August 1 deadline, but some report being “stretched” by the wait for guidance on the reform.
-
News
DB-DC proposals trigger benefit questions
The Financial Conduct Authority has issued a consultation on transfers out of defined benefit schemes, but experts say a disparity between definitions of money purchase benefits could lead to confusion.
-
OpinionLooking through the lens of the regulatory telescope
Following last week's update to the Pensions Regulator's three-year corporate plan, here is a brief stock-take of what the world appears to look like through the lens of the regulatory telescope.
-
News
Schemes risk regulatory intervention as AE non-compliance to rise
Compliance notices issued to auto-enrolling schemes will rise, the Pensions Regulator has said, as the watchdog detailed its new three-year strategy within a revised lower budget.
-
News
Recycled annuities could offer income for DB, but buyer beware
Alongside Wednesday’s Budget, the government will launch a consultation on the viability of a secondary market to allow pensioners to cash in their annuities, but questions remain over who would buy them.
-
News
FCA chief: everybody has a role to play in achieving good outcomes
NAPF Investment Conference 2015: The chief executive of the Financial Conduct Authority has warned about the importance of delivering the pensions reforms to overcome “one of the defining challenges of our age”.
-
Opinion
Finding the right ratio of stick to carrot in pensions regulation
It is an oft-repeated but welcome mantra from the Pensions Regulator that its approach to regulation is based firmly around “educate, enable and enforce”.