More Law & Regulation – Page 11
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NewsAnnuities are back in fashion, but take up needs to be a long-term trend
Annuity sales surged 22 per cent during the first three months of 2023, according to the ABI, but - despite decades of campaigning - more still needs to be done to educate consumers about them.
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NewsLocal Government Pension Scheme: PLSA launches resources to help employers
TheBest Practice: A Guide for Employers Participating in the LGPS, has been launched to coincide with the PLSA’s annual Local Authority Conference, which is being held in Gloucestershire.
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NewsLDI use 'must never be allowed to jeopardise UK economy again'
LDI crisis must never happen again, says damning Work and Pensions Committee report
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NewsPLSA launches cost-of-living support hub for pension schemes
The Pensions and Lifetime Savings Association (PLSA) has published resources for pension schemes to help members struggling with their finances.
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NewsRising inflation and triple lock pledge will boost pensions payments
Pensioners could see their income boosted next year as 'sticky inflation' drives another expected significant rise in the state pension, consultancy Broadstone has claimed.
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News'More work needed' to speed up pension transfer scam protection measures
Over 20 pension schemes, administrators and industry bodies took part in the DWP's 18-month review, which found that only four per cent of transfers were given a red or amber flag.
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NewsDB schemes could face extra costs after High Court judgement
Virgin Media case could render contracting-out changes invalid, if schemes cannot produce a section 37 certificate
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NewsFCA's consumer duty reforms will shake up the pensions industry
Are companies ready for the biggest reform in financial services since 2012?
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NewsCapita faces class action lawsuit after data breach
Barings Law has launched a lawsuit against Capita
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NewsIFoA comes under fire for election delay
Candidates voice “deep concerns” about the Institute and Faculty of Actuaries’ decision to suspend council elections
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NewsGovernment committee inquiry issues damning verdict on how AEAT pensioners were treated
The government did not give AEAT pension scheme members enough time or support to make complex financial decisions, finds the public accounts committee
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NewsFurther delays to the General Code
The General Code has not been laid in Parliament, creating uncertainty for trustees
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NewsAEAT Pension Scheme PAC inquiry findings imminent
The House of Commons public accounts committee is expected to publish the findings from its inquiry into the Atomic Energy Agency Technology Pension Scheme (AEAT) later this week.
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NewsPension dashboards programme further delayed to October 2026
As reported by Pensions Expert on 29 May, the government has announced the further delay of pension dashboards to 31 October 2026.
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NewsTPR’s Davey warns trustees to "stay focused" on economic volatility
In her latest blog post, Louise Davey, director of regulatory policy, analysis and advice at The Pensions Regulator, warns trustees that, despite signs of recovery in some financial markets after the turmoil of last year, they “need to stay focused on protecting savers from economic volatility”.
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NewsMore retirement planning needed for those with mental health issues
Millions of people with mental health problems face a financial cliff edge when they retire, because they do not receive the information and support they need to plan for retirement.
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NewsDWP data shows the gender pension gap remains at 35%
According to the most recent data (2018 to 2020) issued by the Department for Work & Pensions (DWP) on 5 June 2023, the gender pensions gap (GPeG) in private pensions stands at 35%.
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NewsYet more consultation required to put in place the McCloud remedy
The government is to further consult on supplementary matters and scheme regulations concerning the McCloud remedy in the Local Government Pension Scheme (LGPS).
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NewsTUC: Act now or women will be condemned to retirement poverty
Women are more than twice as likely as men to miss out on being automatically enrolled into a workplace pension scheme, according to new analysis published by the TUC.
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