When things don’t go our way, it’s only natural that we want answers. To ask those in charge, how did this happen (or, more likely, how did you let this happen)? And given how important retirement benefits can be to an...
In earlier updates as part of our General Code Corner series (Taking Stock on the General Code, The General Code- mind the gaps, The General Code- filling the gaps) we provided tips for trustees on developing strategies to prioritise and...
With the statutory connection deadline of 31 October 2026 just over a year away, the pensions industry has been a hive of activity when it comes to all things dashboards. One key piece of the puzzle has been consumer testing. While the...
Back in November 2024, TPR published its “Defined benefit funding code of practice” (the “Funding Code”). The Funding Code introduced the concept of a “look through guarantee”. As the name suggests, this allows trustees to look...
There’s been a lot of media attention on the Government’s proposals to include unused pension funds and death benefits in the scope of Inheritance Tax (IHT) starting from 6 April 2027. So, where do these proposals currently stand...
“It’s Trustee duties, Jim, but not as we know it!” The Pension Schemes Bill includes long-awaited legislation on the default retirement pension benefit solution. Is this a welcome first step towards a legislative framework for DC...
It feels like I can’t escape AI – it is beating my husband at chess, marking my son’s homework and continually pops up in my LinkedIn news feed. Why is it everywhere, and what does that mean for pension scheme trustees? What is AI?...
Pensions schemes are increasingly talking about risk. How to identify it, how to mitigate it and how to manage it. This is not surprising given that the requirements to operate an Effective System of Governance, have a Risk Management...
The Government has now confirmed its intention to move forward with plans to increase consolidation in the DC pension market so that there are “fewer, larger, better well-run schemes” (Unlocking the UK pensions market for growth). At...
Pensions can be a “hot potato” at the best of times and it’s not always easy to own up to being a pensions lawyer. Whenever pensions hit the news headlines, it’s time to put on a tin hat. The trouble is, that despite the fact...
