You’ve got a dependant in me

If there are two things we know to be complicated; they are pensions and relationships. The marriage rate is falling. Divorce is on the rise. People are living longer lives (and spending a greater proportion of those lives living with...

Member nominated trustees – are selection panels the only choice to make the ri...

Being a trustee is hard. And it’s getting harder. So it’s more important than ever to find the right people for the job in terms of skills, experience, motivation and commitment. However, unless they bite the bullet and move to a sole...

Pensions member portals: to boldly go?

For scientists and science fiction fans out there, the idea of portals brings amazing possibilities of exploration of space and time. Although not quite so out of this world, pensions member portals are now starting to revolutionise the...

TPR’s consultation on Dashboards compliance and enforcement policy

Hopefully you’ve already read our recent blog on the key dashboard decisions that should be on a trustee board’s agenda for 2023 and all will go well on this challenging project. But what if things don’t go as planned? Late last...

Will 2023 be the year of the Pensions Dashboard?

With the largest pension schemes set to connect to the dashboards ecosystem from August, and dashboards finally gaining attention in the mainstream media, we predict that 2023 will be the year of the pensions dashboard. What does this mean...

Approaching winding up projects for occupational DC schemes

Smaller DC schemes face growing pressure to consolidate. Increasing regulatory requirements, and associated running costs, can make master trusts and group personal pension plans attractive alternative propositions. Small schemes are a...

Is your Single Code strategy race-ready?

At the time of writing, the updated version of the Pensions Regulator’s (TPR) new single code of practice (the Code) is still awaited. Although we are not yet at the finish line, TPR has indicated that it hopes we’ll see the finalised...

How to apply for dashboards staging deadline deferral

With the legal framework expected to come into force in December, the countdown has begun for connecting to the pension dashboards. The earliest of the staging deadlines — for large defined contribution master trusts and Financial...

A tale of two hats – managing conflicts in relation to senior staff trustees

It is widely agreed that, for some schemes, it can be highly beneficial to appoint senior staff from the sponsoring employer to the trustee board. Such individuals can bring a range of skills, offer invaluable insight into the employer’s...

New funding and investment strategy regulations – what do they mean?

The DWP is currently consulting on draft regulations which set out the detail of the requirements introduced under the Pension Schemes Act 2021 for defined benefit schemes to have a funding and investment strategy and submit a written...