The three main regulatory bodies have joined forces to issue a statement urging investors to remain calm, and avoid making ‘rushed’ financial decision in response to the Covid crisis. The Pensions Regulator...
Corporate advisers and trustees could face legal challenges from members in the months ahead as a result of more flexible guidance from the regulator in response to the Covid-19 crisis. New guidance...
Thousands of investors who have taken advantage of pension freedom rules will have to review their retirement income strategies in light of the coronavirus sell off, according to leading pension experts. These...
The Department of Work & Pensions has withdrawn the planned 10 per cent increase in the general levy, due to take effect this April. This levy is applied on all occupational and...
Trustees can suspend deficit reductions, ignore current markets in their valuations and stop cash equivalent transfers under a raft of emergency measures published by The Pensions Regulator (TPR) today. In a special...
The Government will cover employer contributions into AE pensions if businesses have to furlough staff, according to a statement by the Department of Work and Pensions. The DWP confirmed firms claiming grants...
The FCA has approved cash-strapped advisers tapping into their cash buffers to ensure business continuity. An update issued today tells advisers that it will offer flexibility to firms during the coronavirus lockdown,...
A consultation into how the government can compensate members for age discrimination in public sector pension schemes could leave millions needing expert financial advice, former minister Steve Webb has warned. Consulting on...
Around half of the FCA’s 2019/20 business plan is focused on technology, with a particular focus on cyber security. This must make it inevitable that we will see new regulatory requirements soon....
It’s not controversial to say a key regulatory objective is to encourage consumers to shop around for financial services products. As well as driving competition, it also ensures the customer gets the...
