Regulation

The government has launched a consultation on new rules designed to make it easier for well-funded DB schemes to release surplus funds to sponsoring employers and members. The Department for Work and...

Pensions could be switched more rapidly  under government proposals to amend the conditions for transfer regulations.  The Department of Work and Pensions is consulting on a range of changes, which include removing...

The Department for Work and Pensions has launched a consultation which sets out targeted measures to address the risk of fraud within Small Self-Administered Schemes as part of a wider government programme...

Union members have called for the Government to impose financial penalties on Capita and award compensation to Civil Service Pension Scheme members, after its “disastrous performance” and “unacceptable” delays to payments.  The...

The Investing and Saving Alliance has urged The Pensions Regulator to strengthen its corporate strategy by making pensions adequacy for consumers more central to its long-term ambition. TISA has made the remarks...

Pat McFadden, the UK’s secretary of state for work and pensions, criticised a perceived government culture of raising taxes purely to underpin benefit payments, in messages with the disgraced former Labour peer...

Policymakers should build increased flexibility into the new retirement CDC framework to improve member outcomes, according to a leading pension consultant. Hymans Robertson is calling for the government to allow more flexible...

Fidelity International’s FutureWise default has now surpassed the £25bn in assets under management - the ‘megafund’ target required under the Pensions Schemes Act  FutureWise, the default for Fidelity’s DC workplace pension scheme,...

The Pensions Regulator (TPR) has warned trustees and scheme managers they need to act now to ensure the safe and responsible use of AI  across the workplace pension sector.  This is TPR's...

Corporate advisers and EBCs have until the end of this week to respond to the consultation on simplifying pensions and investment advice rules.  This is in response to proposals put forward by...