Directory of Pensions Resources

Home > Regional > Europe > United Kingdom > Business and Economy > Financial Services > Regulation > Pensions

In the late 1990s and early 2000s the regulation and accounting of pensions in the UK changed, the effect of the Minimum Funding Requirement (MFR) being softened and FRS17 being introduced. This has had a major effect on the sterling-denominated interest-rate markets. Please submit sites about pension regulation in the UK, including sites about MFR, FRS17, and official consultations about changes in regulation. Also submit sites about the effect of the preceding on the sterling-denominated interest-rate markets.

Resources in This Category

• EU Insurance Regulations

  http://ec.europa.eu/internal_market/insurance/index_en.htm
  Links to EU information on all aspects of the insurance business, including regulation.

• Faculty and Institute of Actuaries

  http://www.actuaries.org.uk/
  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

  http://www.legislation.gov.uk/ukpga/2000/8/contents
  Full text of the Act that currently governs UK financial market regulation.

• House of Lords Judgment - Equitable Life Assurance Society and Hyman

  http://www.publications.parliament.uk/pa/ld199900/ldjudgmt/jd000720/equite-1.htm
  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 Wales

  http://www.icaew.com/
  A professional accountancy body, operating under a Royal Charter. Career information, news, articles on issues involving accounting.

• Insurance Companies (Amendment No. 2) Regulations 1996

  http://www.legislation.gov.uk/uksi/1996/944/contents/made
  Statutory Instrument 1996 No. 944. Now incorporated into FSA Handbook.

• Insurance Companies (Amendment) Regulations 1995

  http://www.legislation.gov.uk/uksi/1995/3248/contents/made
  Amends the Insurance Companies Regulations 1994. Now incorporated into FSA Handbook.

• Insurance Companies (Amendment) Regulations 1996

  http://www.legislation.gov.uk/uksi/1996/942/contents/made
  Further amending the Insurance Companies Regulations 1994. Now incorporated into FSA Handbook.

• Insurance Companies Regulations 1994

  http://www.legislation.gov.uk/uksi/1994/1516/contents/made
  Includes parts IV (Margins of Solvency) and IX (Determination of Liabilities). Now incorporated into FSA Handbook.

• Local Government Pension Scheme Regulations 1997

  http://www.opsi.gov.uk/si/si1997/71612--j.htm#77
  Statutory Instrument 1997 No. 1612, para 77, about actuarial valuation of the assets and liabilities of Local Government Pension Schemes.

• Pensions Act 1995

  http://www.legislation.gov.uk/ukpga/1995/26/contents/enacted
  Official text of the Act of Parliament which created the Minimum Funding Requirement and equalised 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 Regulator

  http://www.thepensionsregulator.gov.uk/
  Supervises the pension industry and employers who administer pension schemes.

• The Occupational Pension Schemes (Deficiency on Winding Up) Regulations 1996

  http://www.legislation.gov.uk/uksi/1996/3128/contents/made
  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) Regulations 1996

  http://www.legislation.gov.uk/uksi/1996/3127/contents/made
  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 Requirement and Actuarial Valuations) Regulations 1996

  http://www.legislation.gov.uk/uksi/1996/1536/contents/made
  Full text of the regulations governing the Minimum Funding Requirement under the 1995 Pensions Act.

• The Occupational Pension Schemes (Winding Up) Regulations 1996

  http://www.legislation.gov.uk/uksi/1996/3126/contents/made
  Full text of the regulations governing the winding up of UK pension schemes under the 1995 Pensions Act.

 

Home > Regional > Europe > United Kingdom > Business and Economy > Financial Services > Regulation > Pensions

 

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