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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

21st June 2021

  • ABI report on supporting customer decisions about pension withdrawals
  • DWP consultation on consolidation
  • DWP publishes outcome to two DC consultations, and further guidance
  • EMIR clearing exemption for pension scheme arrangements extended
  • FCA extends call for input on pension savers’ decision making
  • PMI launch accreditation regime for lay trustees
  • Taskforce on Innovation, Growth and Regulatory Reform independent report
  • TPR publishes regulatory report on DB pension scheme settlement
  • Axminster Carpets case – follow-up to Lloyds No.1 on arrears and limitation

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14th June 2021

  • Finance Act 2021 receives Royal Assent
  • Briefing paper on transitional arrangements for LGPS
  • Government response to consultation on climate change regulations and guidance
  • HMRC guidance on tax avoidance arrangements using unfunded pension obligations
  • PDP blog on identity service call for input responses
  • PPI report on adequate retirement income
  • TPR comments on draft criminal offences policy
  • TPR updates guidance for schemes in “relationship supervision”
  • Britvic plc v Britvic Pensions Limited & Another (Court of Appeal)

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7th June 2021

  • EIOPA guidelines on PEPP supervisory reporting
  • FCA encourages former BSPS members to consider claims process
  • FCA publishes policy on costs and charges information
  • Government rejects pension tax reform for now
  • Government to reform HMRC statistics publications
  • Government urges pension funds to invest in a green future and combat climate change
  • ICO seeks views on anonymisation, pseudonymisation and privacy enhancing technologies guidance
  • MaPS launches new standards for guidance and Beta MoneyHelper site
  • PDP report on engaging with pensions via digital dashboards
  • Improving and measuring of transfer performance: STAR and FCA
  • TPR urges schemes to digitise paper records

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1st June 2021

  • Pension Schemes Act 2021 (Commencement No. 1) Regulations 2021
  • Consultation response on changes to NHS pension scheme regulations
  • PDP call for input on staged compulsory connection to dashboard
  • PMI case study on covenant risk management
  • PPI report on DC scheme investment in illiquid assets
  • TPR 2021 Annual Funding Statement
  • TPR consultation on code of practice changes
  • TPR blogs on liquidity risk and helping savers improve pensions outcomes
  • Mr R (PO – 24554) (No maladministration where transfer finalised within one month of publication of Scorpion guidance)

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24th May 2021

  • Dormant Assets Bill introduced to Parliament
  • DWP publish consultation on permitted charges within DC pension schemes
  • Data sharing code of practice laid before Parliament
  • PASA re-establishes e-Admin working group
  • PLSA to launch LGPS research project
  • PPI announces development of a Pensions Framework
  • TPR and FCA launch consultation on consumer pensions journey
  • TPR podcast on challenges and opportunities facing the pensions industry
  • TPR publishes new Corporate Plan 2021-24

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