Here is the latest edition of our Pensions Planner, which will help you identify the key pension issues your scheme or organisation needs to address in the coming months. The latest edition covers: the steps schemes need to take to prepare for pensions dashboards the potential impact of the new long-term funding and investment requirements … Read more

The FCA has published the final rules and guidance and accompanying non-Handbook guidance relating to the new Consumer Duty (the Duty). While the nature and scope of the Duty remains largely unchanged in most areas, the final rules and guidance contain some significant changes and clarifications relating to how the Duty will apply in relation to distribution chains, closed books, wholesale markets and … Read more

The Government has confirmed the timetable for implementing pensions dashboards in its response to the consultation on the draft Pensions Dashboards Regulations 2022. While the largest auto-enrolment master trusts and money purchase schemes together with public service pension schemes will be given a little longer to connect than had been proposed, the connection deadlines for … Read more

The Pensions Regulator and the DWP have issued a joint statement in an attempt to clarify how trustees should be applying the statutory transfer conditions introduced last November. This follows strong criticism about the wording of the legislation and concern about how some of the red and amber flags are being applied, which is leading … Read more

Following his recent talk at a joint Association of Pension Lawyers and Society of Pension Professionals Event on ‘ESG and Trustees’ fiduciaries duties’, Michael Aherne considers how trustees should approach setting a ‘net zero’ target for their scheme. Read more

In a recent decision, the First-tier Tax Tribunal has ruled that an individual still had a statutory right to opt-out of their employer’s automatic enrolment scheme several months after he was enrolled on the basis that the enrolment information provided to him was incorrect. While this was helpful for the individual in this case, as … Read more

The UK Pension Regulator has published its latest Corporate Plan which describes the Regulator’s main areas of focus over the next two years. The Plan provides important updates on the timing of the new DB funding Code and the extension of the notifiable events regime, as it sets out the key actions we can expect … Read more