The government has brought forward regulations to mandate the largest schemes to assess and report on their climate change risk to investments.
The Treasury has ruled out any immediate changes to pensions tax relief, noting the “profound and far-reaching impacts” of an overhaul.
Jacqui Woodward says small schemes may struggle to deal with the myriad issues highlighted in TPR’s annual update.
Two pension trustees have appeared in court charged with making illegal loans from a company pension scheme to the scheme employer.
Many trustees are not fully aware of the new requirements of The Pension Regulator’s (TPR) combined code of practice, giving them little time to prepare for change, Barnett Waddingham says.