HSF Pensions Round-up – 26 May 2020

Here is a round-up of the COVID-19 and non-COVID-19 related pensions briefings and blogs that we have published recently. Together with links to some of the firm’s COVID-19 webinars which we think will be of general interest. To limit the number of emails that we send to you at this time we have not sent … Read more

COVID-19: Pressure points: Key pensions-related guidance (UK)

A plethora of guidance is being produced to help employers and trustees deal with the issues arising from the spread of COVID-19 and the measures that have been introduced to limit this. The table below (which we will update as new guidance is issued) provides links to the key pensions-related COVID-19 guidance issued to date … Read more

BREAKING – UK Government plans radical changes to UK insolvency regime

Yesterday, the Government introduced legislation before Parliament, in the form of the Corporate Insolvency and Governance Bill, which will make radical changes to the UK insolvency regime. The goal of the legislation is to prevent otherwise viable companies from failing as a result of current events. However, its effect will be to make the position … Read more

COVID-19: People: Regulator issues further guidance in response to heightened risks associated with pension transfers and scams (UK)

Sadly, the uncertainty surrounding COVID-19 is creating ideal conditions for scam activity to multiply. It may also lead pension scheme members to make rash decisions which they later regret. In response to this, the Pensions Regulator has today published further guidance on its COVID-19 hub on communicating to members during COVID-19. The guidance highlights important information … Read more

New industry guidance on climate risks signals direction of travel for pension schemes

The Pensions Climate Risk Industry Group (PCRIG) has launched a consultation on draft guidance aimed at pension scheme trustees to help them assess, manage and report on climate risks using the recommendations from the Task Force on Climate-related Financial Disclosures (TCFD). Although the guidance is non-statutory it has been developed in collaboration with the DWP … Read more