The DWP recently published the outcome of its review of TPR. The report concludes that TPR is “broadly well-run and well regarded” and has a “strong relationship with the DWP”. Notable successes include the implementation of...
As part of its Mansion House reforms announced in July, the Government published a consultation (which has since closed) on a new policy framework to support DC members in trust based schemes in decumulation. If I’ve lost you already...
If you’re a trustee of a DB pension scheme then the Chancellor’s Mansion House speech in July may have left you scratching your head. How can the government’s “drive to promote economic growth”, and the role of pension schemes...
Want to hear more on the LDI crisis and the Virgin Media case? Click here to listen to James and Pete’s recent podcast where they dive deeper into the subject. So much of what we do is complex and technical. To the outside...
When my son asked me if the latest superfunds guidance I was reading was connected to Superman, I thought this would be a fitting title for a blog! Just like Superman, you need to squint quite hard at the moment to see any sign of...
We all know the saying – “Teamwork makes the dream work” – that a good team is stronger together and more than the sum of its parts. High functioning teams work together to achieve a shared goal in an atmosphere of mutual respect,...
As more schemes are brought into scope for the climate-related reporting requirements, there continues to be a strong focus on ESG and climate change for trustees. The reporting requirements have applied to schemes whose net assets are...
Further to our previous blog on the 2021 transfer conditions regulations, the DWP has now published its highly anticipated review of the “operation, appropriateness, and effectiveness of the regulations”. The hope was that the DWP...
*This blog contains spoilers for the new Barbie film Barbie has had many careers since her inception in 1959 but, to my knowledge, an occupational pension scheme trustee is not one of them. Has she missed her calling? Earlier this...
The FCA’s new consumer duty aims to set higher and clearer standards of consumer protection across financial services, requiring firms to put their consumers’ needs first. It applies from 31 July 2023, for new products and services and...
