All items: Pensions

  • Pension Schemes Act hailed as 'landmark'

    12 February 2021

    A new pensions bill received royal assent yesterday (11 February 2021) that aims to strengthen protections for pension savers by extending the powers of the Pensions Regulator, introducing the power to issue civil penalties of up to £1m, and three new criminal offences. Some in the sector, however, have queried possible unintended consequences.

  • Coronavirus: Watchdog warns against DB to DC pension transfers

    29 April 2020

    Savers looking to move from a defined benefit (DB) to a defined contribution (DC) pension during the Covid-19 crisis are to be warned against it in a letter from regulators.

About this category

News: HR and legal information and guidance relating to pensions.