ECJ says PPF cap unlawful
A preliminary opinion from the Advocate General of the ECJ in the case of Grenville Hampshire v The Board of the Pension Protection Fund argues that compensation should be set at at...
A preliminary opinion from the Advocate General of the ECJ in the case of Grenville Hampshire v The Board of the Pension Protection Fund argues that compensation should be set at at...
There are strong forces of change affecting asset management in the UK, some of which are global in nature, others are UK specific. Among these forces, let me start with Brexit. There...
Consultants who advise on workplace pension schemes are facing more scrutiny than at any time in their history. The FCA’s asset management market study may have had the fidicuary management processes of...
The well-publicised problems with advice on transfers from the British Steel Pension Scheme (BSPS) has ben arguably the most high-profile test to date of the pension freedom and choice policy. While sponsor...
Fund managers will be required to have two independent directors, comprising at least 25 per cent of the total board membership under the new rules. Responding to a consultation on new rules...
The code, which is out for consultation until May 8, outlines how master trusts will be expected to meet the new authorisation criteria and what they will need to evidence for TPR...
A paper published by the CMA as part of its investigation into the investment consultancy sector found that the gross product return of products that were ‘buy-rated’ by investment consultants is 0.23...
The Defined Benefit White Paper published today proposes legislation that would make it a criminal offence to commit ‘wilful or grossly reckless behaviour in relation to a pension scheme’. Labour attacked the Government...
With both The Pensions Regulator (TPR) and Financial Conduct Authority (FCA) turning the heat up on workplace pensions, the issue of value for money has never been higher up the agenda. As...
The new law comes in the wake of a series of high profile corporate collapses by companies with significant defined benefit (DB) pension scheme deficits, leaving thousands of members facing reduced benefits...