All Legislation articles – Page 36
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NewsPlumber wins workers' rights case
The Supreme Court has upheld a verdict that Gary Smith, a former contractor who carried out work for Pimlico Plumbers between 2005 and 2011, was indeed a worker at the company and was consequently entitled to workers’ rights there.
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News
Guy Opperman outlines hopes to harness fintech
Pensions and financial inclusion minister Guy Opperman says he hopes to harness fintech to boost saving for the self-employed, while aiming to bring in legislation for defined benefit regulation next year.
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News
Time running out for DWP to book 2019 bills, Webb warns
The Department for Work and Pensions is at risk of running out of time to pass key aspects of its pensions policy agenda in 2019 due to the impact of Brexit and several measures yet to even reach a consultation stage, according to former pensions minister Sir Steve Webb.
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News
Government consults on reforms to NDA schemes
The government has launched a consultation on its approach to reforming two schemes within the Nuclear Decommissioning Authority’s group, after proposals for a bespoke career average revalued earnings scheme were accepted by unions in 2017.
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NewsRegulator rebuked for 'feeble' response to Carillion underfunding
Carillion’s corporate culture was at the heart of the contractor’s collapse, MPs have concluded, but the Pensions Regulator has also come under fire for “failing in all its objectives” regarding the company’s pension funds.
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Opinion
Has auto-enrolment come of age?
Since its inception almost six years ago, auto-enrolment has succeeded in relying on inertia to help more people save for retirement, that much is clear. Uncertainty and a need to build on this success, however, remain.
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News
Women push for equal pay settlement to be made pensionable
Former and current female employees of Glasgow City Council are pushing for pensions to be included as part of an equal pay settlement, as parties opt for negotiation over litigation.
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News
Government commits to 2018 cold-calling ban
The Department for Work and Pensions has committed to banning pensions cold calls by June this year, bowing to pressure from MPs and peers to bring forward its timetable for taking action.
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News
MPs probe pension funds on climate risk amid wider ESG push
MPs are probing pension funds on their approach to climate change risk, as experts expect a ‘multi-pronged attack’ to push environmental concerns higher up trustee agendas.
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NewsCombined Nuclear picks TDFs for flexibility
The trustees of the industry-wide Combined Nuclear Pension Plan have added target date funds to its defined contribution scheme, having put the move on hold when the pension freedoms were first announced.
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NewsThales case shines light on power of scheme rules
A High Court case involving Thales and trustees of its pension scheme has concluded it cannot move from the retail price index to the consumer price index for some benefits, highlighting how the wording in a scheme’s rules dictates the measure of inflation that is used.
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NewsMay's promise to protect pensions lacks concrete solutions
Theresa May has pledged to stop executives who try to “line their own pockets” by putting pension schemes at risk, but questions over resourcing and legislative issues remain.
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News
High Court rules against proposed BT scheme CPI switch
Telecoms giant BT wanted to switch the measure by which pensions increase from the retail price index to the consumer price index, but the High Court has ruled against this change.
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OpinionHow to get a good deal from your TPA
Pension schemes exist with the sole purpose of providing members with the right pension at the right time. The administration provider is key to fulfilling this purpose and ensuring a positive member experience.
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FeaturesMNOPF steers towards buy-in and DC merger
As derisking plans accelerate and sponsors seek to reduce the volatility of defined benefit scheme deficits, buy-ins are becoming increasingly attractive.
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OpinionA cold call ban is not the most effective scams measure
In August, the government's long-awaited response to last December's pension scams consultation came out.
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NewsGovt to ban cold calls before 2020, but questions remain
The government is aiming to introduce a cold-calling ban before 2020 and has opposed the idea of compulsory guidance, as the Work and Pensions Committee continues to probe officials as part of its wide-ranging inquiry into pensions freedoms.
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OpinionHow to offer real freedom and choice
Freedom and choice is currently under scrutiny. The intent of the policy is not in dispute – giving people more access, flexibility and control over their own money has got to be the right thing.
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Features
Can multinationals achieve consistency in benefits?
Analysis: Multinational companies often run several complex pension schemes across multiple jurisdictions, but different tax and benefit rules around the world can pose various problems for companies looking to achieve consistency in benefits.
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News
Experts fear further delays to cold-calling ban
As the industry awaits the government response to its consultation on a pensions cold-calling plan, there are increased concerns over further delays to protecting the public from scammers.