The Treasury has reappointed Nikhil Rathi as chief executive officer of the Financial Conduct Authority and tasked him with fully embracing its “international competitiveness and growth objective”.
The Pensions Regulator and the Pension Scams Action Group have developed an artificial intelligence tool to help identify and shut down websites that are attempting to defraud people of their pension savings.
A new report exploring the “pensions powerbrokers” has called for the government to pay more attention to the views of professional, independent and member-nominated trustees.
Professional trustees and other industry experts have been responding to the Pensions Regulator’s plans to formally regulate professional trustee firms.
The Social Market Foundation has set out recommendations for the government to make releasing surplus assets from DB pension schemes more attractive and secure.
The Pensions Regulator has set out plans to formally regulate professional trustee firms after a market engagement exercise found issues around conflicts of interest.
Most master trusts are profitable and less likely to fail than they were when the regulatory regime was established in 2019, according to the regulator’s chief executive.
While the Spring Statement brought no new developments for the pension sector, the UK’s fragile economic and fiscal situation means the state pension is under increasing scrutiny, as Pensions Expert explores.
Industry experts are concerned that private sector pension dashboards may never happen as the expected regulatory framework is too onerous and uncertain.
Rachel Reeves should scrap the triple lock on the state pension in order to relax some of the government’s recent “contentious” welfare cuts, according to a think tank.
The Pensions Investment Review will not undermine freedom of investment choice, nor will it threaten fiduciary duty, according to the person overseeing the project for the Treasury.
Torsten Bell has said people who think a “technocratic” approach to solving adequacy issues were “in la-la land”, and argued that the government needed to make use of its strong majority.