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Background On 24 November 2015, TPR issued a consultation on a revised Code of Practice on the governance and administration of occupational DC trust based schemes. The purpose of the Draft Code is to “set out the standards of conduct...
Introduction On 26 January 2016, the DWP published its response to the consultation, “Better workplace pensions: Banning member-borne commission in occupational pension schemes”. The response includes a further consultation on the...
Background The DWP’s consultation on the draft Occupational and Personal Pension Schemes and the Pension Protection Fund (Miscellaneous Amendments) Regulations 2016 was published on 23 November 2015. It seeks views on a number of...
Background The Board of the Pension Quality Mark (PQM) launched a consultation in November 2015 on its proposed new Mark, the Retirement Quality Mark (RQM). The existing PQM is focused on the accumulation phase of retirement saving, with...
Background The DWP is consulting on the best way of regulating a ban on member-borne commission payments in relevant occupational pension schemes that provide money purchase benefits and which are being used as qualifying schemes for...
Introduction On 24 November 2015, TPR issued a consultation on a revised Code of Practice on the governance and administration of occupational DC trust based schemes (“the Draft Code”). The purpose of the Draft Code is to “set out...
The DC briefing highlights topical news on DC pensions from a legal viewpoint. In this briefing: Four key DC issues Spotlight interview with Andrew Warwick-Thompson, Executive Director at the Pensions Regulator...
