Month: February 2019

In the news this week, the Government has launched a mid-life MOT website, the Norfolk Pension Fund has won a US securities fraud class action case, and the Lafarge Pension Scheme has secured a longevity swap.

In the news this week, the DWP clarifies its plans to bolster TPR’s powers, including up to seven years’ imprisonment for anyone found guilty of wilful mismanagement of pensions.

In the news this week, the DWP aims to encourage more innovative DC investment, the CMI plans to place less emphasis on historic data in its mortality projection model, the Plumbing scheme has begun issuing section 75 debt notices, and Just Group confirms a £158 million buy-in.

In the news this week, the FCA reforms its rules on pensions ‘wake-up’ packs and consults on investment pathways for drawdown, there will be no appeal in the Lloyds Banking case, and HMRC starts to consider the effect of GMP equalisation on pensions tax.