By Ruth Prickett2024-01-22T13:00:00
Lawyers and accountants in the United Kingdom have welcomed the publication of The Pensions Regulator’s (TPR) new pensions code of practice but warned it might not improve the management of those that are not already well run.
The new code was laid before U.K. Parliament on Jan. 10 and is likely to come into force at the end of March. It sets out what the regulator expects from a well-operated pension scheme and guidance for trustees and managers over what constitutes good scheme governance.
Pensions managers and trustees should be aware the new code will replace existing TPR guidance and should familiarize themselves with it to ensure they continue to comply with their legal obligations.
2024-08-08T20:34:00Z By Ruth Prickett
The U.K. government has signaled new rules for pension trustees and funds consolidation to boost investment, but questions remain on employee financial literacy.
2024-01-18T14:22:00Z By Neil Hodge
Moves by the U.K.’s financial regulatory body to encourage companies to list in London might fail to deliver or send mixed messages about the value placed on corporate governance, according to experts.
2024-01-15T14:16:00Z By Neil Hodge
The issue of “fat cat” pay awards was reignited in the United Kingdom after a think tank found a typical FTSE 100 CEO earned the average annual salary for a full-time worker after just four days into the new year.
2025-08-22T19:05:00Z By Adrianne Appel
Businesses operating in California will need to meet new, first-in-the-nation privacy requirements for cybersecurity, risk assessments, and automated decision-making technology, under a large expansion of rules by the state.
2025-08-18T17:44:00Z By Aly McDevitt
The U.S. Department of Justice has filed two lawsuits against the California Air Resources Board, claiming it no longer has the legal right to enforce strict emissions rules for heavy-duty trucks.
2025-08-14T15:13:00Z By Ruth Prickett
Navigating tariffs and sanctions is becoming a core part of compliance for many companies. As the U.S. and others use economic policies for political aims, compliance teams must adapt to this new geoeconomic trend.
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