Annual Funding Statement 2021 – Key messages

The Pension Regulator’s latest Annual Funding Statement covers a lot of ground, emphasising the need for trustees to determine how their covenant has been impacted by Covid-19 and Brexit and to assess whether they are on track to reach their long-term funding target. Where a recovery plan is needed, affordability remains a key consideration and, … Read more

Pension Disputes Bulletin – May 2021

Welcome to the latest edition of our pension disputes bulletin. In this edition we cover: the Pension Regulator’s draft policy on policing the new pensions criminal offences recent cases on transfers, scams and rectification new regulatory guidance on assisting members with financial matters guidance from the Ombudsman on appointing IFAs and signposting members, and the … 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

Perspectives: Diversity in pensions Ep2: In conversation with Tracy Blackwell, PIC

In this second episode in our series on diversity in pensions, Samantha Brown Head of Employment, Pensions and Incentives at Herbert Smith Freehills, is joined by Tracy Blackwell, CEO of Pension Insurance Corporation (PIC) and they discuss: • the purpose of finance • the importance of businesses having a purpose and how this impacts on … 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