All Law & regulation articles – Page 138
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News
How Norfolk judges investment fee value
Norfolk Pension Fund underwent third-party benchmarking of its investment management fees earlier this year to ensure value, but has warned against a focus purely on cost over quality.
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News
How the DC code will affect your scheme
The Pensions Regulator will make its defined contribution code of practice easier for scheme managers to understand after feedback that the line between pensions law and best practice was not clear enough.
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News
Managing your money purchase legislative risk
News analysis: Managers of pension schemes that have hybrid elements such as additional voluntary contributions have been urged to investigate the impact of a legislative change that could increase their costs.
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News
How defined ambition could affect your scheme
Government has outlined proposed legislative modifications to the pensions system including changes to decumulation rules and daily pricing requirements, which could impact current defined contribution and defined benefit schemes.
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News
Transfer industry outlines pot-follows-member approach
Transfer companies have set out how pot-follows-member pensions consolidation could work after the government said it was looking at industry initiatives to find a cost and time-efficient implementation.
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News
Scams burden remains in spite of HMRC registration
News analysis: A High Court ruling last week established the Pensions Regulator’s authority to take action against schemes it believes to be fraudulent.
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News
Defence schemes 'future-proof' MNT governance
The Selex and AgustaWestland pension schemes have reformed their member-nominated trustee election processes to safeguard decision-making continuity for their beneficiaries.
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Opinion
BA scheme inserts murder exemption into rules
The New Airways Pension Scheme has made an amendment to its scheme rules to be able to deny benefit to a member’s spouse or dependant who is guilty of that member’s murder.
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News
Regulator refines website for SME auto-enrolment
The Pensions Regulator has revamped the auto-enrolment section of its website to help small to medium-sized enterprises implement the reform by adding step-by-step tools and drop-down information menus.
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News
Schemes face annual allowance rush to avoid fines
Schemes must inform members if they have breached the annual tax relief allowance in 2011/12 and 2012/13 by October 6 or face penalties from HM Revenue & Customs.
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News
Local govt funds swap 'Care' title to explain reform
Local government pension schemes have decided to use ‘account’ rather than Care when communicating their reformed scheme structure to avoid negative associations.
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News
Kodak deal captures new age of sponsor-scheme creativity
News analysis: Purchasing assets from insolvent sponsors could become more common for schemes looking to secure member benefits, according to lawyers working on the Kodak case.
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News
How to protect your scheme against payment errors
News analysis: Legal experts have warned that schemes and employers could face paying out large sums to members due to incorrect pension estimates, with requests for advice on the issue increasing.
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News
Scottish state pension 'triple whammy' fears
Shadow pensions minister Gregg McClymont has said Scotland’s state pension provision will be hit by a demographic “triple whammy” should the country vote for independence next September.
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News
Making good your scheme's common data shortfall
News analysis: The Pensions Regulator's annual record-keeping survey, released earlier this week, demonstrated a lack of awareness among smaller schemes of their data obligations, but also contained hints about how to repair administrative faults.
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News
Regulator: liberation fraud more sophisticated threat
News analysis: Pension liberation fraud has become more sophisticated, according to the Pensions Regulator, which is now targeting specific liberation models in a bid to slow down the pace of fraudulent activity.
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News
Industry to meet ministers over impact of UK split
News analysis: Industry figures will meet with ministers next month to flesh out how a split UK pensions system could work in the event of a yes vote for Scottish independence.
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News
How auto-enrolment exceptions help your scheme
News analysis: Exceptions to auto-enrolment regulations due next year will bring more flexibility to schemes, but may be too late to help those already enrolled.
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News
Deciphering the DWP's select committee response
News analysis: The government's response to its select committee pensions report, released on Friday, included plans to have a defined ambition framework in place by 2016, as well as increased governance demands.
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News
APPT: changes needed to combat liberation fraud
Changes to legislation could help prevent pension liberation fraud and take the burden off trustees, the Association of Professional Pension Trustees has said, as reports emerge of increased fraudulent activity.