Regulation

The financial position of the UK’s DB schemes continued to improve this month, with schemes eligible for the Pension Protection Fund reporting an aggregate fund surplus of £261.6bn at the end of...

The Department of Work and Pension has raised the possibility of Nest offering income drawdown and a far wider range of retirement options, as part of its consultation on helping savers understand...

After several years of discussions with politicians and the industry, in January this year the Pensions Regulator (TPR) published its first draft of planned CDC legislation.  The consultation closed in March and...

Despite a huge correction exercise currently being undertaken by the Department of Work and Pensions (DWP) on historic state pension awards, errors are still being made on new state pension awards according...

Master trust providers could soon partner with rival firms for the first time to offer new investment opportunities for members — and that could include investments into infrastructure, private equity and other...

Richard Lloyd OBE has been named interim chair of the Financial Conduct Authority. He succeeds Charles Randell CBE, who stepped down as chair yesterday after four years on the job. In April...

From today pension providers will be required to refer members to Pension Wise guidance when they are trying to access benefits. These new FCA rules have been broadly welcomed by the industry,...

Charles Counsell will not seek a second term as chief executive of The Pensions Regulator, and will step down from the role in March next year. Counsell has worked for the regulator...

Transparency Task Force demonstrators marched on the Houses of Parliament yesterday, calling for the Financial Conduct Authority (FCA) to be overhauled or replaced and accusing it of regulatory shortcomings that have resulted...

Two-thirds of DB schemes think there will be major changes to governance practices over the next two years as a result of The Pension Regulator’s new code of practice.  TPRs new single...