Law & Regulation

I am a trustee of a defined benefit pension scheme with a deficit that worsened during the financial crisis. How will the Pensions Regulator’s proposed guidance to trustees regarding recovery plans affect our scheme? It’s still open and the trustees are fighting to keep it that way.

Downgrading the UK’s credit rating would have a positive impact on UK pension funds’ deficits because gilt yields would improve, according to Saga chief Ros Altmann.

Trustees of the Harvey Nichols pension scheme have been ordered to pay more than £30,000 to one member’s sister after a two-year late death benefit payment.

Banks are increasingly writing clauses into long-term loan agreements, effectively banning cash-strapped corporates from purchasing subsidiaries with defined benefit liabilities.

UK pension and business representatives have reacted with dismay to the European insurance regulator's continued support for a tougher solvency regime for schemes.

Europe's pensions and insurance regulator will tomorrow (15 February) confirm recommendations that UK pension schemes be subject to stringent rules governing capitalisation of insurance funds.

Large employers are waking up to the administrative cost of high auto-enrolment opt-out and developing innovative strategies to keep staff in schemes.

Durham Police has launched a criminal investigation over the mismanagement of a scheme's assets.

The European Commission has given its strongest indication yet it will overrule its regulator and not impose Solvency II (SII) funding requirements on pension schemes.

HM Revenue & Customs (HMRC) is in no mood to forgive end of tax year payment errors for high earners, experts have warned.