Author: Great Britain: National Audit Office
Publisher: The Stationery Office
ISBN: 9780102951219
Category : Business & Economics
Languages : en
Pages : 60
Book Description
Some 20 million people in England and Wales have private sector work-based pension schemes. The Pensions Regulator was established in April 2005 to regulate these schemes, replacing the Occupational Pensions Regulatory Authority (Opra), with the statutory objectives to protect members' benefits, to promote improved governance of such schemes, and to reduce the risk of compensation being paid out by the Pension Protection Fund. This NAO report examines the regulatory approach taken and whether this addresses the key risks, given that any conclusions on the effectiveness of pensions regulation must be set in the long term context rather than based on shorter term fluctuations. Findings include that the Pensions Regulator has made good progress in establishing a sound risk-based approach to regulation, with clear links between its statutory objectives and its operational approach. As the regulator matures, it has the scope for a presumption of further transparency in its approach, and is taking steps to increase the information it makes available to the pensions sector. The report sets out a number of recommendations for further progress, bearing in mind that risks in the pensions environment can change quickly.
The Pensions Regulator
Author: Great Britain: National Audit Office
Publisher: The Stationery Office
ISBN: 9780102951219
Category : Business & Economics
Languages : en
Pages : 60
Book Description
Some 20 million people in England and Wales have private sector work-based pension schemes. The Pensions Regulator was established in April 2005 to regulate these schemes, replacing the Occupational Pensions Regulatory Authority (Opra), with the statutory objectives to protect members' benefits, to promote improved governance of such schemes, and to reduce the risk of compensation being paid out by the Pension Protection Fund. This NAO report examines the regulatory approach taken and whether this addresses the key risks, given that any conclusions on the effectiveness of pensions regulation must be set in the long term context rather than based on shorter term fluctuations. Findings include that the Pensions Regulator has made good progress in establishing a sound risk-based approach to regulation, with clear links between its statutory objectives and its operational approach. As the regulator matures, it has the scope for a presumption of further transparency in its approach, and is taking steps to increase the information it makes available to the pensions sector. The report sets out a number of recommendations for further progress, bearing in mind that risks in the pensions environment can change quickly.
Publisher: The Stationery Office
ISBN: 9780102951219
Category : Business & Economics
Languages : en
Pages : 60
Book Description
Some 20 million people in England and Wales have private sector work-based pension schemes. The Pensions Regulator was established in April 2005 to regulate these schemes, replacing the Occupational Pensions Regulatory Authority (Opra), with the statutory objectives to protect members' benefits, to promote improved governance of such schemes, and to reduce the risk of compensation being paid out by the Pension Protection Fund. This NAO report examines the regulatory approach taken and whether this addresses the key risks, given that any conclusions on the effectiveness of pensions regulation must be set in the long term context rather than based on shorter term fluctuations. Findings include that the Pensions Regulator has made good progress in establishing a sound risk-based approach to regulation, with clear links between its statutory objectives and its operational approach. As the regulator matures, it has the scope for a presumption of further transparency in its approach, and is taking steps to increase the information it makes available to the pensions sector. The report sets out a number of recommendations for further progress, bearing in mind that risks in the pensions environment can change quickly.
The Pensions Regulator
Author: Great Britain: Parliament: House of Commons: Committee of Public Accounts
Publisher: The Stationery Office
ISBN: 9780215514684
Category : Social Science
Languages : en
Pages : 40
Book Description
This fifteenth report from Committee of Public Accounts, in the 2007-08 session examines "The Pensions Regulator: progress in establishing its new regulatory arrangements" (HCP 122, ISBN 9780215514684). An earlier report from the NAO is also available, see (HCP 1035, session 2006-07, ISBN 9780102951219). Some 4 million people are still active contributors to work-based pension schemes (final salary schemes), with approximately some 20 million people having at some point contributed to such schemes with the value of the managed funds exceeding £700 billion. The Pensions Regulator (TPR), established in 2005, took over regulatory responsibility for such schemes. The Committee states that the TPR has acted to put the regulation of such schemes on a firmer footing, taking greater account of risk and possesses stronger powers to obtain information and intervene to protect members' benefits. The Committee also states though that the TPR has made a slower start in the regulation of money purchase schemes with room for improvement in the standards of scheme governance and communication with members. Further work is also required to improve the information held by the TPR about schemes and make use of that information to effectively regulate individual schemes.
Publisher: The Stationery Office
ISBN: 9780215514684
Category : Social Science
Languages : en
Pages : 40
Book Description
This fifteenth report from Committee of Public Accounts, in the 2007-08 session examines "The Pensions Regulator: progress in establishing its new regulatory arrangements" (HCP 122, ISBN 9780215514684). An earlier report from the NAO is also available, see (HCP 1035, session 2006-07, ISBN 9780102951219). Some 4 million people are still active contributors to work-based pension schemes (final salary schemes), with approximately some 20 million people having at some point contributed to such schemes with the value of the managed funds exceeding £700 billion. The Pensions Regulator (TPR), established in 2005, took over regulatory responsibility for such schemes. The Committee states that the TPR has acted to put the regulation of such schemes on a firmer footing, taking greater account of risk and possesses stronger powers to obtain information and intervene to protect members' benefits. The Committee also states though that the TPR has made a slower start in the regulation of money purchase schemes with room for improvement in the standards of scheme governance and communication with members. Further work is also required to improve the information held by the TPR about schemes and make use of that information to effectively regulate individual schemes.
Employment Statutory Code of Practice
Author: Equality and Human Rights Commission
Publisher: Stationery Office/Tso
ISBN: 9780108509735
Category : Law
Languages : en
Pages : 322
Book Description
On cover and title page: Equality Act 2010 code of practice
Publisher: Stationery Office/Tso
ISBN: 9780108509735
Category : Law
Languages : en
Pages : 322
Book Description
On cover and title page: Equality Act 2010 code of practice
OECD Reviews of Regulatory Reform Risk and Regulatory Policy Improving the Governance of Risk
Author: OECD
Publisher: OECD Publishing
ISBN: 926408293X
Category :
Languages : en
Pages : 251
Book Description
This publication presents recent OECD papers on risk and regulatory policy. They offer measures for developing, or improving, coherent risk governance policies.
Publisher: OECD Publishing
ISBN: 926408293X
Category :
Languages : en
Pages : 251
Book Description
This publication presents recent OECD papers on risk and regulatory policy. They offer measures for developing, or improving, coherent risk governance policies.
Standards of Practice Handbook, Eleventh Edition
Author: CFA Institute
Publisher:
ISBN: 9780938367857
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN: 9780938367857
Category :
Languages : en
Pages :
Book Description
Halsbury's Statutory Instruments
Author: Great Britain
Publisher:
ISBN:
Category : Delegated legislation
Languages : en
Pages : 824
Book Description
Publisher:
ISBN:
Category : Delegated legislation
Languages : en
Pages : 824
Book Description
Pensions on Divorce
Author: Fiona Hay
Publisher:
ISBN: 9781908013194
Category : Divorce settlements
Languages : en
Pages : 406
Book Description
This edition explains in an accessible fashion one of the most technical and pitfall-strewn areas of family law practice. It looks at the law and procedure relating to the redistribution of pension rights on divorce, covering the different types of pensions, the powers and procedures of the court, the acturaial issues involved, and how to deal with the many different situations that can arise.
Publisher:
ISBN: 9781908013194
Category : Divorce settlements
Languages : en
Pages : 406
Book Description
This edition explains in an accessible fashion one of the most technical and pitfall-strewn areas of family law practice. It looks at the law and procedure relating to the redistribution of pension rights on divorce, covering the different types of pensions, the powers and procedures of the court, the acturaial issues involved, and how to deal with the many different situations that can arise.
The Occupational Pension Schemes (Collective Money Purchase Schemes) Regulations 2022
Author: GREAT BRITAIN.
Publisher:
ISBN: 9780348230505
Category :
Languages : en
Pages : 68
Book Description
Enabling power: Pensions Act 2008, ss. 28 and 144(2) and (4) & Pensions Act 2014, ss. 43, 54 (5) (6), sch. 18, paras 1, 2 & Pension Schemes Act 2021, ss. 3 (8), 5 (2), 8 (4) (a) (b), 11 (2) (e) (3) (a), 12 (2) (b), 13 (3), 14 (3), 15 (4) (a), 16 (2), 17 (4) (5) (8), 18 (4), 19 (2), 20 (5), 22 (3) (b), 23 (3) (c), 27 (2), 28 (3) (4), 29 (7) (a) (10) (a) (b), 33 (4) (b) (10), 36 (1) (c) (2) (b) (c) (5) (6) (10), 37 (3) (b), 38 (3), 39 (1) (b), 40 (4) (6), 41 (2), 43 (2) (4) (b) (c), 45 (3) (6), 49 (2) (b) (4), 51 (2) (3), sch. 2, para. 1 (6). Issued: 16.12.2021. Sifted: -. Made: -. Laid: -. Coming into force: 01.08.2022. Effect: 1993 c. 48 modified & S.I. 1996/1715; 2010/772; 2015/879 amended. Territorial extent & classification: E/W/S/NI. For approval by resolution of each House of Parliament
Publisher:
ISBN: 9780348230505
Category :
Languages : en
Pages : 68
Book Description
Enabling power: Pensions Act 2008, ss. 28 and 144(2) and (4) & Pensions Act 2014, ss. 43, 54 (5) (6), sch. 18, paras 1, 2 & Pension Schemes Act 2021, ss. 3 (8), 5 (2), 8 (4) (a) (b), 11 (2) (e) (3) (a), 12 (2) (b), 13 (3), 14 (3), 15 (4) (a), 16 (2), 17 (4) (5) (8), 18 (4), 19 (2), 20 (5), 22 (3) (b), 23 (3) (c), 27 (2), 28 (3) (4), 29 (7) (a) (10) (a) (b), 33 (4) (b) (10), 36 (1) (c) (2) (b) (c) (5) (6) (10), 37 (3) (b), 38 (3), 39 (1) (b), 40 (4) (6), 41 (2), 43 (2) (4) (b) (c), 45 (3) (6), 49 (2) (b) (4), 51 (2) (3), sch. 2, para. 1 (6). Issued: 16.12.2021. Sifted: -. Made: -. Laid: -. Coming into force: 01.08.2022. Effect: 1993 c. 48 modified & S.I. 1996/1715; 2010/772; 2015/879 amended. Territorial extent & classification: E/W/S/NI. For approval by resolution of each House of Parliament
Pensions
Author: Sinéad Agnew
Publisher: Bloomsbury Publishing
ISBN: 1509922725
Category : Law
Languages : en
Pages : 415
Book Description
State pensions are the largest item in the UK social security budget, costing £96.7 billion in 2017/18. In the same year, 45.6 million people were members of UK occupational pension schemes (out of a total population of 66.4 million) and the total amount saved into workplace schemes in 2018 was £90.4 billion. A consequence of the pensions sector's large size has been that pensions law and social security law have become increasingly specialised areas of practice. Yet despite their social and economic importance and the fascinating legal issues they generate, pensions have not been the subject of sustained academic attention. This book starts to fill this gap by initiating a dialogue between practitioners and scholars working on pensions law and policy, groups who have much to learn from one another. This title is included in Bloomsbury Professional's Pensions Law online service.
Publisher: Bloomsbury Publishing
ISBN: 1509922725
Category : Law
Languages : en
Pages : 415
Book Description
State pensions are the largest item in the UK social security budget, costing £96.7 billion in 2017/18. In the same year, 45.6 million people were members of UK occupational pension schemes (out of a total population of 66.4 million) and the total amount saved into workplace schemes in 2018 was £90.4 billion. A consequence of the pensions sector's large size has been that pensions law and social security law have become increasingly specialised areas of practice. Yet despite their social and economic importance and the fascinating legal issues they generate, pensions have not been the subject of sustained academic attention. This book starts to fill this gap by initiating a dialogue between practitioners and scholars working on pensions law and policy, groups who have much to learn from one another. This title is included in Bloomsbury Professional's Pensions Law online service.
Pensions Act 2004
Author: Stationery Office, The
Publisher: The Stationery Office
ISBN: 9780105435044
Category : Business & Economics
Languages : en
Pages : 460
Book Description
The Act is in nine parts and includes provisions to: i) establish a non-departmental public body called the Pensions Regulator to replace OPRA. This will take over responsibility for regulation of occupational pensions and specific functions of personal pensions and stakeholder pensions, as well as assume new functions including referring determinations to a Pensions Regulator Tribunal; ii) create a new Pension Protection Fund (PPF) to provide compensation for members of occupational pension schemes in cases where insolvent employers leave insufficient pension funds; iii) introduce a new explicit Ministerial function to promote and facilitate financial retirement planning, including powers to require employers to provide pension planning advice access for employees in the workplace; and iv) provide greater flexibility and simplicity in pension scheme administration and greater clarity in existing pensions law.
Publisher: The Stationery Office
ISBN: 9780105435044
Category : Business & Economics
Languages : en
Pages : 460
Book Description
The Act is in nine parts and includes provisions to: i) establish a non-departmental public body called the Pensions Regulator to replace OPRA. This will take over responsibility for regulation of occupational pensions and specific functions of personal pensions and stakeholder pensions, as well as assume new functions including referring determinations to a Pensions Regulator Tribunal; ii) create a new Pension Protection Fund (PPF) to provide compensation for members of occupational pension schemes in cases where insolvent employers leave insufficient pension funds; iii) introduce a new explicit Ministerial function to promote and facilitate financial retirement planning, including powers to require employers to provide pension planning advice access for employees in the workplace; and iv) provide greater flexibility and simplicity in pension scheme administration and greater clarity in existing pensions law.