All Regulation articles – Page 58
-
News
Master trusts slow to seek authorisation from TPR
On the go: Master trusts continue to be tardy in applying for authorisation from the Pensions Regulator, with the watchdog revealing that it has only received six applications for authorisation as at December 31 2018.
-
News
144% rise in number of businesses fined for auto-enrolment errors
On the go: The number of businesses fined by the Pensions Regulator for auto-enrolment errors has climbed 144 per cent to 35,810 in 2017-18 from 14,650 in 2016-17, according to recent analysis by commercial law firm EMW.
-
OpinionThe legal view: Will Brexit affect regulation?
Brexit continues to dominate the headlines, and the unknowns seem to multiply constantly. Will parliament pass the deal agreed by the EU? Will there be a hard Brexit? Will the UK remain? Will there be a second referendum?
-
News
Pensions cold-calling bill passes through Parliament
On the go: Pensions cold-calling will finally be banned from January, after a string of delays in legislating against what has been a scourge of UK savers.
-
News
Bradford accounts manager accused of workplace pension cover-up
On the go: The Pensions Regulator has bared its teeth against a Bradford-based accounts manager who allegedly covered up a failure to provide workplace pensions at a string of restaurants.
-
News
Kingman: FRC should be replaced with new independent regulator
On the go: The Financial Reporting Council should be replaced as soon as possible with a new independent regulator with clear statutory powers and objectives, an independent review of the council has recommended.
-
News
TPR investigates suspected £18m pension fraud
On the go: Six people have been interviewed by Essex Police under caution in connection with a suspected pension fraud as part of a criminal investigation by the Pensions Regulator.
-
News
Regulator appoints Charles Counsell as new chief executive
On the go: The Pensions Regulator has announced the appointment of Charles Counsell as its new chief executive.
-
News
Chappell fined more than £124k for failing to reveal info about BHS sale
On the go: Dominic Chappell, the director and majority shareholder of the company that bought BHS for £1, has been ordered to pay more than £124,000 for failing to hand over information to the Pensions Regulator.
-
News
TPR warns trustees to check scheme status or fall foul of the law
On the go: Trustees of some pension schemes may be in the dark over their status, potentially leading them to fall foul of master trust legislation that could close their scheme.
-
News
FCA examines barriers to investing in patient capital
Experts have welcomed a recently published Financial Conduct Authority consultation, which seeks to address barriers the watchdog's rules may present to investment in patient capital, but concerns remain over the suitability of this type of investment for defined contribution schemes.
-
News
CMA upholds competition judgment on consultants and fid mans
On the go: The Competition and Markets Authority has published its final report into investment consultancy and fiduciary management, maintaining its finding of an adverse effect on competition in both sectors.
-
News
CMA ups pressure on trustees and advisers to seek best deal
New requirements on trustees to shop around for fiduciary management and challenge their advisers will generate better value for members, experts have said in response to measures set out by the Competition and Markets Authority.
-
OpinionWill DC pensions be the next big litigation target in the UK?
Defined contribution pensions plans overtook defined benefit arrangements by membership numbers in 2013, and are now the type of pension scheme on offer for almost all employees in the private sector.
-
News
TPR prosecutes accountant suspected of fraud
On the go: An accountant is to appear in court charged with fraud and making employer-related investments.
-
News
Government fires ‘starting gun’ on superfund deals
A government consultation published last week will allow the UK’s commercial defined benefit consolidators to press ahead with their first deals, it has been claimed, although some experts say questions remain over how the businesses can be prudently regulated.
-
News
Field calls for swift action from TPR on Johnston pre-pack
On the go: Chair of the Work and Pensions Committee, Frank Field MP, has written to the Pensions Regulator with serious concerns about the possible 'dumping' of pension liabilities using a pre-pack deal.
-
News
DWP expects superfunds to have 99% probability of success
On the go: The Department for Work and Pensions has outlined its thinking on the regulation of commercial defined benefit consolidation vehicles in a consultation, removing a major hurdle to scheme sign-up.
-
News
PMI report predicts just 20 master trusts in five years’ time
On the go: There will be no more than 20 master trusts in five years’ time, according to in an influential report from the Pensions Management Institute, which predicts the new master trust authorisation regime will lead to widespread consolidation and collaboration.
-
OpinionSouthern Water case: How TPR ensures schemes are treated fairly
For some time, we have made clear there is an important balance to be struck by employers and trustees between dividend payments and deficit repair contributions.