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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

4th April 2022

  • DWP consultation on Facilitating Investment in Illiquid Assets
  • Scheme pays regulations
  • HMRC guidance on GMP conversion expected in the “coming weeks”
  • CDC schemes: DWP to consult on next phase later this year
  • Written evidence published in response to WPC inquiry on pension freedoms
  • Alpha Sandbox dashboard prototype launched
  • FCA consultation on consumer redress for unsuitable advice to transfer out of the British Steel Pension Scheme
  • TPR issues contribution notice
  • PPF publishes Strategic Plan 2022–2025

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28th March 2022

  • International Data Transfer Agreement comes into force
  • Spring Statement 2022
  • Pan-European personal pension product Regulation starts to apply
  • PASA releases GMP equalisation FAQs guidance
  • Further regulations implementing the McCloud judgment

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21st March 2022

  • The Occupational Pension Schemes (Master Trusts) (Amendment) Regulations 2022
  • Pension increase rate for public service pensions published
  • Pension increase rate for GMPs published
  • Update to TPR’s quick guide to the chair’s statement
  • New Pensions Ombudsman factsheet for members
  • Continued implementation of the McCloud judgment

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14th March 2022

  • Fraud compensation levy ceiling set to increase
  • Revaluation Order for public service schemes published
  • Government responds to McCloud consultations for the firefighters’ and police pension schemes
  • PPF issues statement on Ukraine
  • Punter Southall Governance Services Ltd v Benge & Anor (High Court, 1 February 2022)

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7th March 2022

  • Revaluation of Earnings Factor Order published
  • Auto-enrolment Bill will not make it through Parliament
  • TPR sets out its expectations for trustees in respect of the conflict in Ukraine
  • TPR updates DC guidance for Stronger Nudge requirements
  • Government responds to McCloud consultations for the Civil Service and NHS pension schemes
  • Dormant Assets Bill receives Royal Assent
  • BEIS publishes response to its 2020 consultation on implementing the ban on corporate directors

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