Regulation

The National Health Service (NHS) is seemingly in a state of crisis, with 7.2 million people now waiting for treatment. Yet the UK electorate remains fiercely loyal to the service, although few...

The pension industry has entered 2023 with worries and concerns on multiple fronts. Employers and members face a very difficult economic environmental and double-digit inflation which has also brought turmoil in markets....

Canada Life is calling for the chancellor to relax the pension annual allowance rules in the upcoming budget, saying current limits are creating a “tax trap” for millions of over 55s.  The...

The Department for Work and Pensions (DWP) has confirm that the Pensions Dashboards Programme is unlikely to meet its original delivery deadlines. In a minister statement the new pensions minister Laura Trott...

Regulators need to ensure that information given via pensions dashboards is clearly and objectively presented so as not to influence consumer decision-making, according to the Pensions and Lifetime savings Association. Its comments...

One in four pension savers over 55 contributed more than £4,000 to their pensions in 2020/21, fuelling concerns about the potential for ‘mass breaches’ of the Money Purchase Annual Allowance (MPAA)  triggering...

The estimated surplus of DB schemes that help fund the Pension Protection Fund decreased slightly in January, according to the latest data. The PPF 7800 Index showed that the aggregate surplus was...

The Department of Work and Pensions has appointed Mary Starks to lead a review of the day-to-day running of The Pensions Regulator (TPR). This is in line with expectations that regulators and...

The Society of Pension Professionals (SPP) has called on The Pensions Regulator to simplify its draft funding code, saying the new rules are ‘over the top’, will put undue burdens on schemes...

Only one in 20 pension schemes expect to be able to provide dashboard data for all their members by the upcoming ‘connection’ date.  The survey by Willis Towers Watson, shows that 150...