1 October 2021 saw a material extension in The Pension Regulator's (TPR) powers. In the coming year, TPR will: Extending the notifiable events regime to cover certain corporate … [Read more...] about Extending TPR’s powers and A Single Code to guide them all
A new approach to funding defined benefit pension schemes takes final shape
In 2022, the DWP and TPR were expected to publish final regulations and guidance respectively on a new approach to funding defined benefit schemes. Recently, however, the DWP published a blog post … [Read more...] about A new approach to funding defined benefit pension schemes takes final shape
Environmental, social and governance (ESG) policies extend their reach
This year, climate change was a key focus for the pensions and wider investment industries. Glasgow hosted the 26th UN Climate Change Conference (COP26). In anticipation of its role as host, the UK … [Read more...] about Environmental, social and governance (ESG) policies extend their reach
A record-breaking year for pensions risk transfer
The last few years have seen pension scheme liabilities transferred in record-breaking numbers. Reports on the bulk annuity market highlighted trades totalling around £43 billion in 2019. Even the … [Read more...] about A record-breaking year for pensions risk transfer
Getting ready for a revolution in member communications and pensions dashboards
In 2022, there will be two key developments that will change member communications for certain schemes. In addition, the pensions industry will continue to make preparations for the launch of pensions … [Read more...] about Getting ready for a revolution in member communications and pensions dashboards
Are you ready for the Pension Schemes Act 2021?
On 1 October 2021, key provisions of the Pension Schemes Act 2021 (PSA 2021) come into force. Trustees and sponsors of occupational pension schemes will be under a new regulatory regime as The Pension … [Read more...] about Are you ready for the Pension Schemes Act 2021?