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Sackers checklist – GMP equalisation: Correcting the past – the questions trustees need to ask

Back in 2018, Mr Justice Morgan held in Lloyds No.1 that schemes are under a duty to equalise for the effect of GMPs. More recently, with Mr Justice Morgan once...

Combatting pension scams – new conditions on transfers

Introduction On 8 November 2021, regulations designed to protect savers against pension scams were laid before Parliament, alongside new TPR guidance to help gu...

Strengthening The Pensions Regulator’s Powers: Notifiable Events (Amendments) Regulations 2021

Background Against the backdrop of PSA21, the DWP is consulting on changes to the notifiable events regime. In this response Responses to specific consultation...

Consultation on changes to climate and investment reporting

Introduction On 21 October 2021, the DWP issued a consultation seeking views on proposals to require trustees of larger occupational pension schemes, authorised...

TPR’s single code: a marathon, not a sprint (but you need to start training)

The Pensions Regulator (TPR) consulted earlier this year on its proposed new single code of practice (the Code). The Code is to combine 10 of TPR’s existing 15...

DC briefing – October 2021

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: VfM changes on the horizon Simpler annual statements Furt...

Simpler annual statements – response to consultation and final regulations

Introduction On 19 October 2021, the DWP published its response to the consultation on proposed regulations and statutory guidance to introduce simpler annual s...

Why the rules are just the beginning…

The benefit specification from start to finish When securing benefits through a bulk annuity policy with an insurer, it’s important to ensure the benefits are c...

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