Regulation

The Pensions Regulator (TPR) is looking to establish "systemic" ways it can combat pension liberation fraud as its current tactics are not sustainable.

State pensions will face a cap under Labour should the party win the next election, shadow chancellor Ed Balls has said.

Providers must police employer pension contributions into auto-enrolment schemes but The Pensions Regulator (TPR) has relaxed its position on how missed payments are reported.

DYMOTT'S DIGEST

A number of smaller employers are planning to avoid auto-enrolment (AE) compliance citing the legislation as "designed solely to allow the government to steal more money".

Pension schemes have avoided being forced to find £450bn worth of extra cash after the European Commission scrapped its Solvency II plans today.

A former IFA has lost his challenge to overturn the Financial Ombudsman's ruling that he had given a client unsuitable pension advice, which ordered him to pay almost £50,000 in compensation.

Police and regulatory action against pension liberation fraud is making progress, although much of the work is still taking place behind the scenes, delegates heard.

Pointon York is to use the Origo Options Transfer service on all pension transfer business it conducts.

A European pensions authority is investigating the viability of creating a single market for personal pension products across the continent.