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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

16th March 2020

  • Budget day 2020
  • New pensions increases and revaluation legislation published
  • Parental Bereavement Leave regulations published
  • Consultation on climate-related risk
  • HMT response to call for evidence on regulatory coordination
  • PLSA guidance on diversity and inclusion
  • TPR statement for trustees on coronavirus
  • TPR updates guidance for cross-border schemes on a no-deal Brexit

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9th March 2020

  • TPR publishes first part of consultation on revised code for scheme funding
  • Order made on revaluation of GMPs
  • Order made clarifying VAT exemption for management of pension funds
  • DWP publishes general levy consultation response
  • Illustrative Collective DC regulations published
  • FCA amends COBS rules to remove barriers to patient capital investment
  • Government statement that electronic signatures are valid
  • Spring Budget 2020 briefing paper published

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2nd March 2020

  • DWP confirms ambition to remove AE lower earnings limit
  • FCA publishes feedback statement on barriers to patient capital investment
  • FCA updates guidance on how to avoid pension scams
  • HMRC issues pension schemes newsletter 117
  • HMRC and HMT publish conclusions on review of off-payroll working rules
  • Partial response to LGPS consultation
  • TPR responds to DWP letter on climate change
  • TPR blog on a maturing and innovating landscape for DB pensions

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24th February 2020

  • HMRC releases GMP equalisation tax guidance
  • Budget day to remain as 11 March 2020
  • DWP writes to TPR about climate change
  • DWP publishes automatic enrolment evaluation report 2019
  • EIOPA consults on technical standards for the PEPP
  • FCA publishes views on retirement savings and income sector
  • Consultation proposes excluding pensions from dormant assets scheme
  • PLSA publishes updated Stewardship Guide and Voting Guidelines
  • TPR’s quarterly compliance and enforcement bulletin

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17th February 2020

  • Pension Schemes Bill – proposed climate change amendments
  • Auto-enrolment earnings trigger confirmed
  • Updated HMRC guidance on money laundering supervision
  • PASA launch consultation on DB Transfers Code of Good Practice
  • PMI launch professional trustee accreditation programme
  • TPR blogs on “positive change” in 2020 and diversity
  • Consistency for pensions in Cabinet reshuffle
  • Consultation planned to deal with McCloud judgment
  • Atos case – index could not be changed from RPI to CPI

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