Regulation

HMRC has paid back more than £900m in overpaid tax to savers who have made ‘flexible’ withdrawals from their pensions under Pension Freedom rules. Figures published today help show the total amount...

The Financial Conduct Authority has publicly backed plans to 'chain-link' default fund performance when compiling industry wide comparison figures. Speaking at the Corporate Adviser Master Trust and GPP Conference John Reynolds from...

Pension firms have been given a deadline of August 2023 to have data ready for the launch of pensions dashboards. The majority of firms will need to supply member data to the...

The Pensions Regulator has published its consolidated enforcement policy, alongside a new enforcement strategy. This policy includes new powers given to the regulator under the Pensions Schemes Act 2021 and replaces  three...

Pension firms and asset managers could face restrictions on how they use terms like “green”, “sustainable” or “ESG” when naming and marketing funds and investments under new FCA rules, designed to a...

The influential Work and Pensions Select Committee will conduct an inquiry into the use of ‘liability driven investments' (LDIs) in the pension market. It says it wants to understand what lessons can...

Broadstone has become the latest pension consultancy firm to express concern about the new DB funding code, being proposed by the Department of Work & Pensions. In response to the DWP consultation,...

The Advertising Standards Authority has banned a series of HSBC advertisements, saying they made “misleading” environmental claims. This is the first time the regulator has ruled against a bank for misrepresenting its...

The pensions industry has welcomed the Department of Work & Pensions decision to give providers a six-month lead time before the dashboard project goes live. Previously the DWP had proposed that the...

One of the less well-known threats from the current inflation shock is its likely impact on the Lifetime Allowance (LTA). Pay packets are expected to grow as demand for increases surge in...