2002 Pensions Green Paper
Department of Work and Pensions consultation document on the future of UK pensions provision. Includes proposals for raising retirement ages for some government employment. Links to full report, technical paper, press release and other pensions documents, as well as ordering information.
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.
Accounting Standards Board
Issue accounting standards, and recognised for that purpose under the Companies Act 1985. Formerly the Accounting Standards Committee.
Association of British Insurers
Trade association for the UK's insurance industry, representing around 400 companies. Includes a section on Life and Pensions.
Department of Work and Pensions
Summary of responses to MFR consultation.
EU Insurance Regulations
Links to EU information on all aspects of the insurance business, including regulation.
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.
Financial Services and Markets Act 2000
Full text of the Act that currently governs UK financial market regulation.
Financial Services Authority
FSA Consultation Paper on its plan to define capital adequacy. Full text and feedback form.
FSA Handbook of rules and guidance
Handbook that superseded most of the Insurance Companies Regulations and other delegated legislation with the coming of "N2", specified in the Financial Services Act, on 1st December 2001. Links to all sections, providing full text, maintained by the SFA.
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.
House of Lords Judgment - Equitable Life Assurance
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?
Institute of Chartered Accountants in England and
A professional accountancy body, operating under a Royal Charter. Career information, news, articles on issues involving accounting.
Insurance Companies (Amendment No. 2) Regulations
Statutory Instrument 1996 No. 944. Now incorporated into FSA Handbook.
Insurance Companies (Amendment) Regulations 1995
Amends the Insurance Companies Regulations 1994. Now incorporated into FSA Handbook.
Insurance Companies (Amendment) Regulations 1996
Further amending the Insurance Companies Regulations 1994. Now incorporated into FSA Handbook.
Insurance Companies Regulations 1994
Includes parts IV (Margins of Solvency) and IX (Determination of Liabilities). Now incorporated into FSA Handbook.
Local Government Pension Scheme Regulations
Main page for Statutory Instrument 1997 No. 1612.
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.
Minimum Funding Requirement Consultation
http://www.hm-treasury.gov.uk/consultations_and_legislation/security_for_occupational_pensions_consu
Consultation document from Her Majesty's Treasury seeking views on the Minimum Funding Requirement applicable to most private sector defined benefit occupational pension schemes.
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.
Occupational Pension Regulatory Authority
Established by the Pensions Act 1995, OPRA supervises the pension industry and employers who administer pension schemes.
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.
Pensions Protection Investments Accreditation Boar
The PPIAB is the organisation that assesses and accredits brands in the long-term savings industry. Site includes a list of the brands currently accredited, and advice on how to complain.
The Minimum Funding Requirement: The Next Stage of
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).
The Occupational Pension Schemes (Deficiency on Wi
Full text of the regulations governing the winding up of UK pension schemes under the 1995 Pensions Act in the case of a deficiency of assets over liabilities.
The Occupational Pension Schemes (Investment) Regu
Full text of the regulations restricting investments by pension schemes in the sponsoring company under the 1995 Pensions Act.
The Occupational Pension Schemes (Minimum Funding
Full text of the regulations governing the Minimum Funding Requirement under the 1995 Pensions Act.
The Occupational Pension Schemes(Winding Up) Regul
Full text of the regulations governing the winding up of UK pension schemes under the 1995 Pensions Act.
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.
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.