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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 December 2020

  • CJRS and loan schemes extended by Chancellor
  • DWP proposes increases to general levy
  • DWP publish report on small pension pots
  • EDPB publishes documents on end of Brexit transition period
  • EIOPA publishes guide on Brexit pension implications
  • EIOPA submits opinion on 2020 review of Solvency II to European Commission
  • European Commission adopts Delegated Regulation
  • FCA publishes list of pension scheme arrangements exempted from clearing obligation
  • ICO publishes Code of Practice on responsible data sharing methods
  • ICO statement on EU Binding Corporate Rules post-transition period
  • LGPS guidance on exit cap waiver
  • PDP publishes key dashboard data standards
  • PLSA survey on diversity and inclusion
  • PPF confirms levy measures following consultation
  • PPF confirms Brexit won’t change its protection
  • Ministry of Defence and Veterans UK publish Brexit transition guidance

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14th December 2020

  • Briefing papers on the Pension Schemes Bill and climate change risk
  • Consultation on implementing the ban on corporate directors
  • Government further extends insolvency measures
  • ICO warns public to be vigilant against pensions cold callers
  • IFoA publish report on actuarial factors used to calculate benefits in UK pension schemes
  • PPI issues briefing note on longevity inequality
  • Public sector exit payments – CSCS consultation, and judicial review
  • Scheme returns – reminders and documents
  • TPR comments on responses to first DB funding code consultation
  • TPR warns employers to keep contact details up-to-date

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7th December 2020

  • Briefing papers on pensions dashboards and the future of pensions policy
  • FCA evaluation on financial advice market
  • Fifteenth version of the Purple Book published
  • HMRC issues Pension Schemes Newsletter 126
  • Launch of new working group to address stewardship barriers
  • PPI briefing note on engaging with ESG
  • WPC writes to TPR

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30th November 2020

  • The Occupational Pensions (Revaluation) Order 2020
  • Act allows Government to meet commitment to Triple Lock
  • Asset Management Taskforce makes stewardship recommendations to boost sustainable growth
  • Briefing paper on pension sharing on divorce published
  • European Commission consults on two draft Delegated Regulations supplementing the PEPP Regulation
  • HMT’s National Infrastructure Strategy
  • Impact Investing Institute publishes paper on pension fund impact investing and Good Governance Principles
  • Pensions Minister confirms Supreme Court’s judgement in Walker v Innospec will continue to apply after Brexit transition period
  • PPI report on DC scheme investment into Secured Finance assets
  • Response to RPI methodology consultation published
  • TPO chair Caroline Rookes appointed as permanent TPO Chair

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23rd November 2020

  • Regulations made to remove exemption from VAT for supplies of fund management services to pension funds established in the EU
  • FCA consults on changes to policy on raising regulated fees and levies from 2021/22
  • Executive remuneration: IA Principles of Remuneration for 2021
  • IFoA publishes paper on pension scheme cyber risks
  • PASA release their Pensions Dashboard Working Group update
  • TPR publishes public service governance and administration survey
  • TPR reminds employers of auto enrolment duties as penalties rise
  • Lloyds: High Court rules that DB schemes must equalise past GMP transfers

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