The Pensions Regulator (TPR) is introducing a new single code of practice (COP) to replace the existing 15 codes. This will be done in two phases. Phase 1 will replace 10 COPs and comprises 51 … [Read more...] about TPR consults on a new single code of practice
Pension Schemes Act 2021 – are you ready for a new pensions landscape?
On 11 February 2021, the Pension Schemes Act 2021 (PSA 2021) received Royal Assent and entered into law. The PSA 2021 marks the most comprehensive and wide-ranging revision to primary pensions … [Read more...] about Pension Schemes Act 2021 – are you ready for a new pensions landscape?
Opening and closing the DC gate
The Pensions Regulator (TPR) recently updated TPR's DC scheme management and investment: Covid-19 guidance for trustees to add a section on transfer requests where all or part of the investment is … [Read more...] about Opening and closing the DC gate
Pension Schemes Act 2021 and climate risk reporting
Key points The Pension Schemes Act 2021 (PSA 21) gives the government the power to introduce regulations which will require trustees of occupational pension schemes to consider, in-depth, (and … [Read more...] about Pension Schemes Act 2021 and climate risk reporting
Pension Schemes Act 2021 and increased regulatory powers
Key points The Pensions Regulator (TPR) has been taking a more assertive, interventionist approach to its engagement with sponsors and trustees of defined benefit (DB) pension schemes in the face … [Read more...] about Pension Schemes Act 2021 and increased regulatory powers
Pension Schemes Act 2021 and collective defined contribution
Key points The Pension Schemes Act 2021 (the PSA 2021) establishes the legal framework for collective defined contribution (CDC) schemes. More detail will be forthcoming in secondary legislation … [Read more...] about Pension Schemes Act 2021 and collective defined contribution