Law and Regulation

Liam Fitzgerald looks at the problem faced by beneficiaries of death-benefit-only schemes

Report documents regulator’s use of anti-avoidance powers against company director

Regulator fined seven schemes this year, noting action on value for money, climate reporting and AE

Absence of consistent definitions as well as legislation and regulation are barriers

Simon Bentley says the result is likely to be only ‘modest tweaks’ in endgame strategies

HMRC says further regulations will be introduced when ‘parliamentary time allows’

Standardised transition plans will help schemes focus on action rather than disclosure

Pensions review the ‘obvious opportunity’ to look at changes as part of holistic approach

Treasury says the bill aims to 'fix the foundations of the economy'

Questioning the advice and costs of external providers can yield significant benefits