Regulation

AUTO-ENROLMENT

Pensions minister Steve Webb has called on the UK pensions industry to throw its weight behind his campaign against Solvency II.

LV= has expressed concerns over the Financial Services Authority's (FSA's) proposed changes to projection rates.

The Public Service Pensions Bill 2013 will today be announced in parliament amid controversy over major strike action by unions.

AUTO-IGNORANCE

The government should "stand up for low-income savers" and lift the restrictions on the National Employment Savings Trust (NEST), a Conservative MP has said.

The Financial Services Authority (FSA) has underlined the importance of advisory firms carrying our cost comparisons when undertaking replacement business.

The industry has to find new ways of providing low-cost advice on an ‘industrial scale' after the Retail Distribution Review (RDR), Scottish Widows has said.

Using "unrealistically low projection rates" will deter people from saving and make it harder for consumers to decide between different funds, Aegon has warned.

Labour front benchers have urged the government to work with the opposition, business and trade unions to protect British interests from planned European regulation of the pensions and insurance industries.