Consultations

Insight / Consultation on plans to simplify pension statements

The Department for Work and Pensions (DWP) is planning to review the way annual benefit statements for workplace pensions are written to make them easier to understand

Insight / Government considers mandatory employee references

The government is considering changing the rules on work references to force employers to provide a basic reference for former employees 

Tax / Flexible NHS pension scheme consultation opens

The government has launched its promised consultation on proposals to give senior NHS doctors and nurses access to more flexible pensions, in a bid to stem the numbers of clinicians reducing their working hours or resigning because of increases in their tax bills

Tax / DHSC consults on remedy for NHS pension ‘tax trap’

The Department of Health and Social Care (DHSC) is to consult on proposals giving full flexibility over the amount senior clinicians put into their pension pots, to stem the rising numbers of doctors cutting their hours and leaving the NHS because of tax issues

Insight / FCA calls for more control of pensions transfer advice market

The Financial Conduct Authority (FCA) is addressing continued problems in the pensions transfer advice market with a package of reform proposals

Insight / Crackdown on abuse of non-disclosure agreements

The government is planning to introduce tougher rules to tackle abuse of non-disclosure agreements (NDAs) and confidentiality clauses in the workplace

Insight / BEIS tackles ‘one-sided’ flexible working

The government is to consult on proposed  measures to improve employment conditions for flexible workers, including compensation for short-notice cancellations, as part of the government’s Good Work Plan

Insight / BEIS plans single enforcement body under Good Work Plan

The Department for Business, Energy and Industrial Strategy (BEIS) is consulting on proposals to establish a single enforcement body for employment rights as part of the Good Work Plan

Insight / Computing genius Alan Turing new face of £50 note

Alan Turing, famed mathematician, codebreaker and war hero, is to be the face of the new £50 note, the Bank of England has announced

Insight / Badly-run pension schemes must ‘improve or consolidate', says TPR

The Pensions Regulator (TPR) is consulting on the future of trusteeship, in a bid to raise standards and reduce the number of poorly governed pension schemes

Insight / Pension trustee system needs to be overhauled

The Pensions Regulator (TPR) is consulting on the future of trusteeship in a bid to raise standards and reduce the number of poorly governed pension schemes

Insight / Airline insolvency proposals may fail to take off

The government’s independent airline insolvency review, set up in the wake of the collapse of Monarch Airlines in 2017, has recommended developing a special administration regime (SAR) to keeping aircraft flying in order to repatriate travellers, but has run into industry opposition

Insight / Brexit dominates FCA priorities for year ahead

The Financial Conduct Authority (FCA) has published its business plan for 2019/20, outlining the key priorities for the coming year, but says the immediate priority will remain supporting an orderly transition as the UK leaves the EU

Insight / Treasury consults on £95,000 cap on public sector payouts

The Treasury is consulting on draft regulations to introduce a cap of £95,000 on exit payments in the public sector, which are being introduced in response to concerns about the number of such payments that exceed or come close to £100,000 and the need to ensure they represent value for money

Insight / Directors could land jail term for pension mis-management

The government is to introduce a new criminal offence of ‘wilful or reckless behaviour’ in relation to pensions, which would see ‘devil may care’ directors facing up to seven years in jail, under proposals to crack down on abuse of final or average salary schemes
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