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7 Days Archive

A weekly digest of developments in pensions, normally published on Monday afternoons. We collate the information from key industry sources, such as the DWP, HMRC and TPR.

7 Days Archive

24th October 2022

  • Pensions dashboards developments: draft regulations laid before Parliament and PDP publishes blog on next phase of its programme
  • WPC opens call for evidence on DB schemes with LDI strategies
  • DWP updates statutory guidance on reporting costs, charges and other information
  • Mr H (CAS-33253-W9R0): Complaint regarding discretionary bonuses (28 September 2022)

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17th October 2022

  • Alex Burghart confirmed as Minister for Pensions and Growth
  • TPR publishes statement on managing investment and liquidity risks and WPC correspondence
  • DWP responds to second pensions dashboards consultation and publishes draft guidance on deferring staging deadlines

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10th October 2022

  • DWP publishes consultation on broadening the investment opportunities of DC schemes
  • Bank of England, TPR and the FCA are monitoring progress of LDI funds
  • PASA publishes guidance on DC transfers
  • FCA launches latest ScamSmart campaign
  • FRC announces changes to actuarial standards to make DC pension illustrations more consistent
  • ICO blog provides guidance on dealing with subject access requests

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3rd October 2022

  • Changes in force from 1 October 2022
  • Bank of England makes temporary purchases in the gilt market
  • PPF announces proposed reduction in PPF levy
  • TPR publishes diversity and inclusion action plan, advice on mergers and acquisitions, and updated guidance
  • WPC publishes final report on protecting pension savers
  • HMT updates outcome of RPI reform consultation

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26th September 2022

  • Pensions announcement in the Chancellor’s Growth Plan 2022
  • TPR warns employers about auto-enrolment (AE) compliance
  • TPR publishes podcast on pensions dashboard penalties

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