Consultation
Industry supportive of DWP's DC proposals but warns of unintended consequences
The Department for Work and Pensions’ (DWP) consultation on improving defined contribution (DC) outcomes has garnered support from the industry, but many have warned of potential unintended consequences.
Fund managers urged to ramp up climate risk data
XPS Pensions Group has called on fund managers to step up collection and management of climate risk data in order to get a true sense of the risk in their portfolios.
Government launches GMP indexation consultation
The government has launched a consultation seeking views on its proposals on how it will continue to provide full indexation of public service pensions, including any GMP element.
PLSA calls for input on plans to improve pension freedoms guidance
The Pensions and Lifetime Savings Association (PLSA) has launched a call for evidence on a proposal for a solution designed to support savers navigating pension freedoms as they move towards retirement.
No 'across the board good scenario' for pension schemes with RPI reform
There is “no across the board good scenario for pension schemes” in the reforms to the Retail Prices Index (RPI) proposed by the Treasury, according to Isio actuary John Hodgson.
PASA launches consultation on DB transfers code
PASA’s DB transfers code of good practice is asking the industry to commit to delivering faster, safer transfers. Holly Roach reports
PPF introduces updated insolvency risk services
The Pension Protection Fund (PPF), in partnership with Dun & Bradstreet (D&B), has published its plans for updated insolvency risk services and is consulting on its approach to insolvency risk measurement from 2021.
TPR moots move to single code of practice with 'clear and consistent' expectations
The Pensions Regulator (TPR) is considering plans to combine its 15 codes of practice into a single, shorter code as part of its 'clearer, quicker and tougher' initiative.
FCA launches consultation on intergenerational implications for pensions
The Financial Conduct Authority (FCA) has launched a consultation on the intergenerational implications for pensions in both accumulation and decumulation for savers.
Dashboards - what's next for schemes?
The DWP has published its response to its consultation on the pension dashboards - asking the industry for support in the delivery. Holly Roach looks at what schemes need to do now to prepare.
Should the government make it easier for trustees to invest in illiquid assets?
The government is encouraging schemes to invest in illiquid assets with higher performance fees. Kim Kaveh asks if this is a good idea.
Dashboard challenges must be resolved ahead of 2019 launch
As the consultation closes, the industry is supportive but the DWP still has a tough task ahead. Holly Roach reports on the issues it faces
DB superfund regime should be robust but not onerous
As the DWP's consultation on consolidation comes to a close, Stephanie Baxter takes a look at the industry's responses
Opperman: Employers will follow Royal Mail on CDC 'without a shadow of a doubt'
Large firms will follow the postal service's lead on introducing collective defined contribution (CDC) schemes if it works well for management and employees, the pensions minister says.
'More detail' needed on TPR's master trust supervision policies
Initial responses to The Pensions Regulator's (TPR) consultation on how master trusts will be supervised says it lacks detail on some of its policy proposals, including pause orders.
TPR launches consultation on master trust supervision policy
A draft policy on how authorised master trusts will be supervised and enforced has been outlined in a consultation published by The Pensions Regulator (TPR).
Plumbing scheme launches consultation on closing to future accrual
The trustee board of the Plumbing and Mechanical Services (UK) Industry Pension Scheme has launched a consultation with sponsoring employers on closing the scheme to future accrual.
Govt launches second consultation on pensions cold-calling ban
The Treasury has launched a second consultation on banning pensions cold-calling, which aims to seek final views on already-drafted regulation.
Five stories you may have missed this week
This week's top stories included the government saying it will examine and may overhaul the pension tax relief system it if feels it is beneficial to do so.
'Change is coming': DWP launches consultation on TPR powers
A consultation has been launched on granting stronger powers to The Pensions Regulator (TPR) as the government seeks to address "misuse" of flexibilities in the defined benefit (DB) funding system.
DWP consults on changes to trustees' investment duties
The Department for Work and Pensions (DWP) has launched a consultation on reforming trustees' duties to consider environmental, social and governance (ESG) risks.
