Check out our new UK pensions regulation hub

With the most significant reforms to UK pensions regulation for nearly two decades due to come into force later this year, we are delighted to launch our new UK pensions regulation hub to help you keep track of our latest thinking on the new regulatory requirements and the emerging risks. On the hub you will … Read more

Codes of Practice given revamp by Regulator

After much work, the Pensions Regulator has published its new single code of practice for consultation. The new code is designed to update the Regulator’s expectations of workplace pension schemes and to make those expectations clearer and more accessible. As well as updating existing requirements, the code sets out a number of new requirements, including … Read more

Podcast: Pensions & ESG Ep3 – Responsible investment in practice

In the latest podcast in our series on Pensions and ESG Caroline Escott, Senior Investment Manager at RPMI Railpen discusses what it means to implement a responsible investment strategy in practice. In particular, Caroline shares: how her interest in responsible investment and stewardship began and her career journey to date how RPMI Railpen is preparing … Read more

Regulator issues draft guidance on policing new criminal offences

The Pension Regulator has published for consultation its much anticipated draft guidance on how it intends to police the new pensions criminal offences due to come into force this Autumn. The draft guidance suggests that the Regulator will use these new powers sparingly and that they are not intended to fundamentally change commercial norms or … Read more

Pension Schemes Act 2021 – Implementation timetable (Updated)

The Pension Schemes Act 2021, which will introduce new pension criminal offences, £1m regulatory fines and new requirements relating to funding and climate-related risks, received Royal Assent on 11 February 2021 but most of its provisions do not come into force imediately. Most of these measures are likely to come into force during the next … Read more

Chancellor extends support and outlines plans to build future economy

As expected, today’s Budget focused on: maintaining support for businesses and individuals during the remainder of the Covid-19 pandemic, starting the work of containing the ballooning national deficit, and laying the foundations for the future economy (with plans announced to promote green growth, change the economic geography of the country and to ensure we are … Read more

Government confirms plans to increase minimum pension age to 57

The Government has confirmed that it plans to increase the minimum pension age at which benefits under registered pension schemes can generally be accessed, without a tax penalty, from age 55 to age 57 from 6 April 2028. In a consultation paper which outlines how the Government intends to implement this, it has set out … Read more

Pensions Planner – Febuary 2021

The latest edition of our Pensions Planner is here. Click on the image below to open your copy. The Planner and our handy timeline will help you keep up-to-date with the latest developments in pensions law and practice and identify the key pensions issues that your scheme or organisation needs to address in the coming … Read more