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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

20th April 2020

  • Coronavirus – Sackers response
  • Treasury Direction on Coronavirus Job Retention Scheme published
  • ABI warns against ‘pensions panic’
  • Companies House eases strike-off policy and late filing penalties
  • EIOPA statement on mitigating the impact of Coronavirus on the occupational pensions sector
  • Updated HMRC Coronavirus Job Retention Scheme guidance
  • RPI consultation extended
  • ICO regulatory approach during the Coronavirus pandemic
  • ICO blog on video conferencing
  • PPF starts new insolvency risk scoring
  • Updated Coronavirus guidance from TPR – salary sacrifice, certification and paying less than the statutory minimum
  • Updated TPR guidance on DC scheme management and investment
  • TPR blog on protecting savers

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14th April 2020

  • Coronavirus – Sackers response
  • Automatic enrolment and pension contributions: COVID-19 guidance for employers
  • FCA issues Coronavirus guidance and delays retirement outcomes review and platform switching remedies
  • FCA 2020/21 business plan and fees and levies consultation
  • MAPS report on pensions dashboards
  • PLSA urges pension schemes to “put companies on watch” over Coronavirus response
  • TPR extends deadline for DB funding code consultation
  • TPR update on reporting duties and enforcement activity

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6th April 2020

  • Coronavirus – Sackers response
  • April changes round-up
  • New legislation published
  • Deadline extended for climate-related risk consultation
  • EIOPA delays consultation deadlines
  • ESMA report on central clearing solutions for pension scheme arrangements
  • FCA letter on investment pathways and DB transfers
  • FCA updated guidance on Coronavirus
  • Updated guidance on Coronavirus Job Retention Scheme for furloughed workers
  • Deadline extended for consultation excluding pensions from dormant assets scheme
  • Countdown Bulletin 52 – April 2020
  • HMRC newsletter on Managing Pension Schemes Service
  • Guidance on good practice for virtual board and committee meetings and new legislation on AGMs
  • Updated PPF compensation cap
  • PPF business plan for 2020/21
  • PPI briefing note on how changes to price indices could affect DB schemes
  • New TPR Coronavirus guidance on scheme administration
  • TPR blog on Coronavirus
  • Savers urged: “stay calm and don’t rush financial decisions”, despite Coronavirus

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30th March 2020

  • Coronavirus – Sackers response
  • Coronavirus Act 2020 receives royal assent and guidance published on furloughed workers
  • General levy increase revoked
  • New standard lifetime allowance confirmed
  • Companies House grants extension on company accounts
  • BEIS committee launches inquiry on audit reform
  • EIOPA publishes model pension benefit statements
  • FCA delays Directory of Certified and Assessed Persons
  • FCA delays changes to DB transfer rules
  • FRC publishes final strategy and budget for 2020/21
  • Joint statement by FRC, FCA and PRA
  • HMRC issues pension schemes newsletter 118
  • ICO on coronavirus
  • PASA extends DB transfers code consultation
  • PASA launches COVID-19 guidance for administrators
  • PASA announces new cybercrime and fraud working group
  • PLSA publish COVID-19 resources
  • PPF paying another group of members affected by Hampshire ruling
  • New TPR guidance on COVID-19
  • TPO focus on existing queries and complaints
  • McCloud and Sargeant: update on action to address unlawful age discrimination

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23rd March 2020

  • Coronavirus – Sackers response
  • Finance Bill 2019-21
  • Coronavirus Bill 2019-20
  • Automatic enrolment regulations for maritime workers published
  • Off-payroll working changes delayed until April 2021
  • Possible extension for filing company accounts
  • FCA guidance on Coronavirus
  • FRC guidance on Coronavirus
  • GMP equalisation guidance – “when to rectify”
  • ICO guidance on Coronavirus
  • PPF Coronavirus guidance and contingent asset requirement changes
  • PPF levy scoring confirmed
  • PPF guidance on trustee contingency planning
  • TPR updated guidance on Coronavirus and suspension of initiatives

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