DWP turns up the heat on climate risk requirements for UK pension schemes

The DWP has launched a new consultation, in which it is seeking views on proposals to require trustees of large occupational pension schemes, authorised master trusts and schemes offering collective money purchase benefits to have an effective system of governance, monitoring and risk management relating to climate related risks and opportunities in place from 1 … Read more

Are you ready to produce your scheme’s first investment implementation statement on voting, engagement & ESG?

From 1 October 2020, trustees of both defined benefit (DB) and defined contribution (DC) schemes, with more than 100 members, will be required to include a new implementation statement relating to their scheme’s investments in their annual report and accounts (and make it publically available). The statement needs to describe the trustees’ voting and engagement … Read more

Pensions Regulator declares ‘no fowl’ in failed Bernard Matthews rescue

The regulatory intervention report published by the Pensions Regulator following its investigation in relation to the Bernard Matthews Ltd Pension Scheme (Scheme), will be welcomed by private equity firms, at a time when many businesses may be in need of fresh capital injections, as it indicates that the Regulator does not object in principle to … Read more

HSF Pensions Round Up – 31 July 2020

Here is a round-up of our recent pensions blogs and briefings. We have also included links to some of the firm’s recent webinars which we think may be of interest. To keep track of our latest updates, check out our UK pensions blog. Read more

Pension Disputes Bulletin – July 2020

Welcome to the latest edition of our quarterly pension disputes bulletin. In this edition we cover: recent cases on data and cyber security, GMP equalisation, ill health early retirement and investment issues key legislative and regulatory developments in response to Covid-19, including the recent changes to the UK insolvency regime, pensions related guidance and the … Read more

People: Key action checklists for trustees and employers of DC schemes (UK) – UPDATED

Current events related to Covid-19 and the related economic impact are raising a number of time critical pensions-related issues that employers with defined contribution (DC) schemes and trustees of such schemes need to address. To help with this, we have created checklists (based on our experience advising clients to date) which summarise the key pensions-related … Read more