DWP

DWP’s social factors taskforce makes 35 recommendations for pensions

PLSA panel discusses CDC, member communications and guidance

Move comes in bid to plug expected deficit of £205m and to fund increasing activity

LCP calls on DWP to change emphasis for trustees and simplify disclosures

Independent review says current regulatory engagement is ‘unsatisfactory half-way house’

Concern about lack of cost-benefit analysis and March 2025 deadline to transfer assets

Digital assessment tool for colleagues follows successful pilot programme last year

Risks highlighted as part of SPP’s report outlining vision for DB pensions in 2030

DWP finds most employers provide pensions guidance but many do not see it as a priority

Investment incentives with a risk guarantee should be considered for DB schemes, IGG says