Regulation

The introduction of Solvency II could see annuity rates, currently at record lows, drop a further 20%, Deloitte has warned.

About 9,000 workers who are subject to labour laws in both the UK and another European country are to be exempted from the auto-enrolment process.

The Financial Services Bill has been branded a 'dog's breakfast' by a prominent Labour peer and criticised for being put together too quickly.

Advisers are shying away from recommending pension savers take sufficient risk to grow their retirement portfolios over fears they will be punished by regulators, KPMG has said.

Pension providers must be monitored closely by the government during the course of auto-enrolment and may need to be regulated by The Pensions Regulator (TPR), MPs say.

Auto-enrolment (AE) requirements should be slashed in order to help businesses grow, a controversial report commissioned by the department for Business, Innovation and Skills has recommended.

The Financial Services Consumer Panel (FSCP) has urged the Money Advice Service (MAS) to expand its offerings and ‘push regulatory boundaries' in order to help to close the advice gap.

A financial adviser has failed in his appeal against a ban imposed on him by the Financial Services Authority (FSA) for failings related to advice on occupational pension transfers.

Pension transfer providers believe The Pensions Regulator (TPR) should issue guidance to trustees to simplify and speed up the process, according to a government report.

Forcing employers to auto-enrol agency workers will be costly for businesses and deter saving among temporary staff, an MP has warned.