Quarterly briefing – March 2022
The Sackers Quarterly Briefing Q1 2022 highlights significant developments in pensions, covering key areas such as pensions reform, regulatory developments, new legislation and cases.
In this briefing
Current legal agenda
Spotlight: Stronger Nudge
Pension Schemes Act 2021
- Climate Change: TPR guidance on climate-related risks and opportunities
- Pensions Dashboards: consultation and draft regulations published
- Notifiable events: final regulations expected
- CDC: final regulations and TPR draft code published
- TPR’s powers: TPR code comes into force
- DB funding: further delays to TPR’s code
TPR update
DC update
- Ban on flat fees for small pots
- Consultation on enabling investment in productive finance (charge cap and performance fees)
In other news
- GMP Conversion Bill has Government support
- Auto-enrolment: Private Member’s Bill introduced to Parliament
- State pension: DWP launches second SPA review
PPF update
Cases
- Court of Appeal
- TPO