DWP raises the stakes on climate change

The DWP has tabled amendments to the Pension Schemes Bill, which is currently going through Parliament, which would enable it to add to the governance and disclosure requirements for occupational pension schemes in relation to climate change risk. The proposed amendments would give the Secretary of State very broad regulation making powers to, amongst other … Read more

EU & UK outline negotiating positions on future relationship

Yesterday, the European Commission issued a press release setting out a recommendation to the European Council to begin negotiations on the future relationship with the UK. The recommendation includes the draft text of the negotiating directives; these set out the parameters of the future relationship that the EU wishes to have with the UK (e.g. … Read more

Brexit’s happened – What now for pension schemes and sponsors?

The UK exited the EU at 11pm on 31 January 2020. Although the UK’s exit from the EU last Friday does not have an immediate impact on pension law and regulation in the UK, as more details emerge of the likely nature of the UK’s future relationship with the EU, pension scheme sponsors and trustees … Read more