This week’s top stories included an announcement from The Pensions Regulator at PP Live which confirmed a consultation on changes to its code of practice will open this year, while the Pension Protection Fund revealed a small improvement in defined benefit funding levels.
The Pensions Regulator will open a consultation on planned changes to its codes of practice by the end of the year.
Every month, several firms issue trackers of aggregate defined benefit scheme funding positions. See here for the June 2020 estimates on various measures.
HM Treasury has announced it will resume the cost control mechanism for public sector pension schemes, noting the concern that the 18-month suspension has caused.
The pensions industry should expect a busy rest of the year as work on the pensions dashboard begins to ramp up, according to Pensions Dashboard Programme principal Chris Curry.
The Department for Work and Pensions' response to the simple annual benefit statement consultation is ready and likely to be published within weeks.
HM Revenue and Customs (HMRC) has updated its tax guidance for GMP equalisation, detailing how pension schemes can resume paying lump sum benefits to members without adverse tax consequences.
Coronavirus Blog: TPR misses a third of performance targets amid pandemic; Government's economic response is missed opportunity to revisit AE
In this live blog, Professional Pensions brings together all the latest news on the industry's response to the coronavirus pandemic, as well as regulatory and legal updates.
The code of practice on sole trusteeship being developed by the Association of Professional Pension Trustees is expected to be published within months, chairwoman Nita Tinn says.
Professional Pensions spoke to Willis Towers Watson Great Britain head of retirement Rash Bhabra as part of its exclusive series of interviews with the leaders of the UK’s leading pension consulting firms. This is what he had to say…
The Money and Pensions Service (Maps) has revealed that stronger nudges from providers results in more Pension Wise appointments and greater take-up of guidance.