The National Association of Pension Funds (NAPF) will publish a list of pension legislation it thinks should be scrapped in the new year.
The association is responding to the government's "Red Tape Challenge" with an internal consultation on cutting legislation around pensions. "There is no shortage of stuff for the government to get its teeth into when it comes to cutting back and simplifying regulation," said Joanne Segars, chief executive of the NAPF. "Part of our job will be helping the government meet its Red Tape Challenge, and holding the government to account to make sure it delivers." Segars said NAPF members have already recommended loosening requirements around accounting standards. She added the NAPF w...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes