Regulation

The Pension Advice Taskforce has launched a new voluntary code of practice for financial advisers looking to transfer DB pensions.  This Gold Standard code is based around a set of nine principles,...

Thirty master trusts have submitted authorisation applications to The Pensions Regulator, while a further 10 have been granted a short extension, and are expected to submit applications in the coming weeks. The...

The idea of a Government- sponsored web-based pension planning tool has been around for quite some time. Back in the early noughties Labour’s DWP secretary of state Andrew Smith outlined an online planner,...

The Pensions Regulator has confirmed that two L&G master trusts have now gained authorisation.  Legal & General WorkSave Mastertrust, and Legal & General Worksave Mastertrust (RAS) become the second and third trusts...

For the first time, a prosecution brought by The Pension Regulator has resulted in an immediate custodial sentence.  In February Roger Bessent - a pension trustee - was convicted on to five...

The number of companies disclosing information about their workplace practices — and that of their supply chains — has doubled this year, thanks to co-ordinated action by ShareAction.  Ninety global companies, including...

Phoenix Group - which purchased Standard Life Aberdeen’s insurance business last year - confirmed that the regulator was considering further action in its annual results, published on March 5. It said that...

This statement provides more detailed guidance on how schemes should approaching forthcoming valuations. It is particularly relevant to schemes conducting valuations from 22 September 2018 to 21 September 2019. TPR says trustees...

The Department of Work and Pensions has confirmed that the Single Finance Guidance Body will be renamed the Money and Pensions Service from April 6.  The SFGB was formed from the merger...

The Financial Conduct has appointed Richard Lloyd, founding trustee of the Money and Mental Health Policy Institute, to its board. Lloyd will take up the role of non-executive director at the start...