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Pension problems prompt regulator to issue new code

The Pensions Regulator has issued its code of practice on Notifiable Events - following situations including the application by broker Heath Lambert to hand over its crippled pension fund.

This is the second code of practice issued by the Pensions Regulator, following reporting breaches of the law issued in April this year.

The Notifiable Events code provides practical guidelines on how

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FCA and PRA turn spotlight on MGA oversight

The Financial Conduct Authority and Prudential Regulation Authority are sharpening their scrutiny of managing general agents, stressing insurers must take primary responsibility for businesses underwriting on their behalf.

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