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New reasons to double down on efforts to build pension scheme cyber resilience

At a recent discussion forum on cyber risks for pension schemes, I was struck by a theme emerging from the questions being asked: that, while in the past cyber...

Government response to consultation on climate change regulations and guidance

Introduction On 8 June 2021, the DWP published its response to the January 2021 consultation, “Taking action on climate risk: improving governance and reporting...

Pension scams: Empowering trustees and protecting members – Sackers’ response to consultation

Background The DWP is consulting on draft regulations intended to deliver on the provisions set out in section 125 of the Pension Schemes Act 2021 in relation t...

New contribution notices under PSA21 – TPR consults on code of practice changes

Introduction On 27 May 2021, TPR published a consultation on draft changes to Code of Practice 12 (to be titled “Contribution Notices: Circumstances in relation...

2021 funding statement – the continuing impact of a global pandemic

Introduction TPR’s latest annual funding statement was published yesterday. Unsurprisingly, the current pandemic (and its knock-on effect on covenant monitoring...

WEBINAR : Providing financial guidance and advice – May 2021

Pension scheme trustees and employers have long been subject to information and consultation duties in the thorny area of providing financial education and advi...

Master trust agenda – Q2 2021

Welcome to our new quarterly bulletin about current and future developments affecting master trusts, setting out key items to consider for inclusion on your tru...

WEBINAR : GMP equalisation and conversion – May 2021

It is now over two years since the original High Court decision in Lloyds No.1 confirmed that schemes are under a duty to equalise for the effect of GMPs. A ser...

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