Pension Schemes Bill (Part 2): New funding requirements likely to increase funding demands on DB scheme sponsors

The Pension Schemes Bill, introduced in Parliament on 15 October 2019, contained some significant new funding requirements for defined benefit (DB) occupational pension schemes. If the requirements are introduced as proposed it is likely to mean most corporate sponsors will be required to pay more money into their DB schemes more quickly than anticipated. The … Read more

Pension Schemes Bill (Part 1) – Directors, banks and investors put on notice as new criminal sanctions and regulatory powers are significantly wider than expected

Following the announcement of a new Pension Schemes Bill in the Queen’s Speech on 14 October 2019, the Bill has now been published. As anticipated, the Bill contains a number of significant new powers for the Pensions Regulator. However, the proposed new powers are significantly wider than many in the industry expected. If they are … Read more

Video: Pensions and ESG – how are pension funds and asset managers responding?

Environmental, social and governance (ESG) issues are becoming increasingly high profile and they are moving up the agenda for trustee boards, pension providers and asset managers as they respond to new legal and regulatory requirements, to pressure from savers and action groups and to changing social norms. Today sees new legal requirements come into force … Read more

Practical guide: Pensions & ESG – The evolving legal and regulatory landscape

Environmental, social and governance (ESG) issues are becoming increasingly high profile and they are moving up the agenda for trustee boards, pension providers and asset managers as they respond to new legal and regulatory requirements, to pressure from savers and action groups and to changing social norms. To help trustees and pension providers comply with … Read more

Are you ready for Brexit?

As the uncertainty over the timing and nature of Brexit continues, it is important that your organisation and pension scheme are prepared for any eventuality. You can follow the key developments and find out what you need to know to prepare for Brexit on our Brexit hub and by following our Brexit blog. Our Brexit … Read more

Trustees and ESG – are you ready for 1 October 2019?

From 1 October, trustees of occupational pension schemes with more than one hundred members will be required to set out their policy on how they take account of financially material factors, including environmental, social and governance (ESG) considerations, in their investment decision making. New legislative requirements published on 3 June 2019, mean that trustees also … Read more

Pensions Planner: June 2019

The latest edition of our quarterly Pensions Planner is now available. Click on the image below to download your copy. We hope that you find this guide helpful. Please share any feedback you have on it. You can also follow our latest thinking on all of the topics covered in the Planner on our new pensions blog. Please contact us if you need assistance with any of the issues that are highlighted in this edition. Read more