By Ruth Prickett2024-08-08T20:34:00
The U.K. government has signaled new rules for pension trustees and funds consolidation to boost investment, but questions remain on employee financial literacy.
Chancellor of the Exchequer, Rachel Reeves, is planning imminent changes to trustee duties as part of the Pensions Schemes Bill, which forms part of the government’s “big bang of reforms to unlock growth,” she recently announced.
The changes include new duties for trustees of occupational defined contribution (DC) schemes, as well as provisions to make it easier for employees with multiple pension pots to consolidate them, and the introduction of compulsory “value for money” tests for providers. These could come into force early next year.
2024-07-17T17:53:00Z By Ruth Prickett
The U.K. Financial Conduct Authority is revamping the London Stock Exchange rules, but more changes may be needed to achieve growth and attract initial public offers, experts said.
2024-01-22T13:00:00Z By Ruth Prickett
Lawyers and accountants in the United Kingdom have welcomed the publication of The Pensions Regulator’s new pensions code of practice but warned it might not improve the management of those that are not already well run.
2019-05-24T13:37:00Z By Paul Hodgson
Considered “feeble” no more, the United Kingdom’s Pensions Regulator is ramping up enforcement actions against individuals or organizations not in compliance with the law.
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.
Site powered by Webvision Cloud