Law and Regulation

Maria Nazarova-Doyle says the report clarifies the current legal position for trustees

Paper aims to help trustees in their discussions with their advisers

Comms with members and notification to external agencies is central part of response

Report details how the regulator worked with Capita and the lessons it has learned

Parliamentarians support GMP uprating but raise issue of pensioner poverty and AE reform bill

Lawyers and administrators ask if decision will add clarity or make overpayment disputes more complex

Industry bodies say DWP has listened but now call on TPR to act swiftly over funding code

Funding code and regs expected to apply to scheme valuations from September

Guidance follows the Court of Appeal’s decision in CMG Pension Trustees case

Half of financial advisers have seen uptick in retirement advice demand