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Home / Regional / Europe / United Kingdom / Business and Economy / Financial Services / Pension Regulation
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Web Sites
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- A Simpler Way to Better Pensions - The "Pickering Report", produced for the Department of Work and Pensions and published on 11 July 2002. Full text of the committee's conclusions and recommendations.
www.dwp.gov.uk/publications/dwp/2002/pickering/report.pdf
- Accounting Standards Board - Issue accounting standards, and recognised for that purpose under the Companies Act 1985. Formerly the Accounting Standards Committee.
www.asb.org.uk
- Association of British Insurers - Trade association for the UK's insurance industry, representing around 400 companies. Includes a section on Life and Pensions.
www.insurance.org.uk
- Department of Work and Pensions - Summary of responses to MFR consultation.
www.dwp.gov.uk/consultations/consult/2002/mfr
- Department of Work and Pensions - next stage of MFR reform - Announcement of new regulations effectively abolishing MFR.
www.dwp.gov.uk/mediacentre/pressreleases/2002/feb/pens2602-funding.htm
- Equitable Life - The Way Forward - Legal opinions and news of pending actions.
194.202.202.58/equitable/moreInformation/default.htm
- Faculty and Institute of Actuaries - List of links relating to the Minimum Funding Requirement and its rules.
www.actuaries.org.uk/pensions/mfr_index.html
- Faculty and Institute of Actuaries - The Faculty of Actuaries in Edinburgh and the Institute of Actuaries in London and Oxford are the two professional bodies for actuaries in the United Kingdom.
www.actuaries.org.uk
- Faculty and Institute of Actuaries - Pensions - Guidance notes for actuaries, including GN27 (Retirement Benefit Schemes - Minimum Funding Requirement), GN29 (Occupational Pension Schemes: Advisers to the trustees or a participating employer) and GN36 (Accounting for retirement benefits under FRS 17).
www.actuaries.org.uk/pensions/index.html
- Financial Service Agency - FSA Consultation Paper on its plan to define capital adequacy. Full text and feedback form.
www.fsa.gov.uk/pubs/cp/136/index.html
- FSA Handbook of rules and guidance - The consolidated version of the Handbook, updated monthly to incorporate amendments. Full text (several hundred .pdf pages, via a link) as well as supporting documents and original legal sources.
www.fsa.gov.uk/handbook
- Her Majesty's Treasury - Voluntary Code for Pension Fund Investment. Revised set of principles of investment for pension funds, and the official MHT response to the Myners review of institutional investment, giving some updates on how the recommendations of the review are being taken forward.
www.hm-treasury.gov.uk/Newsroom_and_Speeches/Press/2001/press_104_01.cfm
- House of Lords Judgment - Equitable Life Assurance Society and Hyman - The directors "shall apportion the amount of such declared surplus by way of bonus among the holders of the participating policies on such principles, and by such methods, as they may from time to time determine." But what does that mean?
www.publications.parliament.uk/pa/ld199900/ldjudgmt/jd000720/equite-1.htm
- Institute of Chartered Accountants in England and Wales - A professional accountancy body, operating under a Royal Charter. Career information, news, articles on issues involving accounting.
www.icaew.co.uk
- Insurance Companies (Amendment No. 2) Regulations 1996 - Statutory Instrument 1996 No. 944.
www.hmso.gov.uk/si/si1996/Uksi_19960944_en_1.htm
- Insurance Companies (Amendment) Regulations 1995 - Amends the Insurance Companies Regulations 1994.
www.hmso.gov.uk/si/si1995/Uksi_19953248_en_1.htm
- Insurance Companies (Amendment) Regulations 1996 - Further amending the Insurance Companies Regulations 1994.
www.hmso.gov.uk/si/si1996/Uksi_19960942_en_1.htm
- Insurance Companies Regulations 1994 - Includes parts IV (Margins of Solvency) and IX (Determination of Liabilities).
www.hmso.gov.uk/si/si1994/Uksi_19941516_en_1.htm
- Local Government Pension Scheme Regulations 1997 - Main page for Statutory Instrument 1997 No. 1612.
www.hmso.gov.uk/si/si1997/1971612.htm
- Local Government Pension Scheme Regulations 1997 - Statutory Instrument 1997 No. 1612, para 77, about actuarial valuation of the assets and liabilities of Local Government Pension Schemes.
www.hmso.gov.uk/si/si1997/71612--j.htm#77
- Minimum Funding Requirement Consultation - Consultation document from Her Majesty's Treasury seeking views on the Minimum Funding Requirement applicable to most private sector defined benefit occupational pension schemes.
www.hm-treasury.gov.uk/consultations_and_legislation/security_for_occupational_pensions_consultation/consult_sop_index.cfm
- Myners comment on MFR - A preliminary comment on MFR from Paul Myners's team.
www.dss.gov.uk/publications/dss/2000/myner/index.htm
- Myners Report - Institutional Investment in the UK - Commissioned by Her Majesty's Treasury, it criticised the incentives and behaviour of pension fund trustees, investment consulting firms and fund managers.
www.hm-treasury.gov.uk/newsroom_and_speeches/press/2001/press_myners_01.cfm
- Occupational Pension Regulatory Authority - Established by the Pensions Act 1995, OPRA supervises the pension industry and employers who administer pension schemes.
www.opra.gov.uk
- Pensions Act 1995 - Official text from the HMSO of the Act of Parliament which created the Minimum Funding Requirement and equalized the retirement ages of men and women. Full text (in HTML) divided by Sections and Subsections, as well as details of the bound copy including online purchase.
www.hmso.gov.uk/acts/acts1995/Ukpga_19950026_en_1.htm
- The Minimum Funding Requirement: The Next Stage of Reform - A September 2001 publication of the Department of Work and Pensions, outlining the Department's proposals for a future UK pensions regulatory regime. Full text in pdf format (36 pages).
www.dwp.gov.uk/consultations/consult/2001/mfr_next/mfr.pdf
- The Pensions Institute - A unit of Birkbeck College, University of London, devoted to the research of the evolution of UK pensions. Details of research undertaken, virtual library of pension resources as well as general information such as research grants available and upcoming conferences.
www.bbk.ac.uk/res/pi
- The Sandler Review - A review of medium- and long-term retail savings in the UK, commissioned by the Treasury and published on 9 July, 2002. Full text (via links to sections) and links to relevant press notices.
www.hm-treasury.gov.uk/Documents/Financial_Services/Savings/fin_sav_sand.cfm
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