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VIDEO : Pension Schemes Act 2021 – March 2021

Several years in the making, the Pension Schemes Act finally received Royal Assent on 11 February 2021. Claire Carey discusses the implications of the new Act.

Incorporating performance fees within the DC charge cap

Introduction Further to an announcement in this year’s Budget (see our Alert), on 19 March 2021, the DWP issued a consultation on proposed measures to allow occ...

TPR issues consultation on draft single code of practice

Introduction First announced in 2019 (see 7 Days), TPR published the consultation on its draft code of practice on 17 March 2021. Calling for industry views on...

TPR consults on new criminal sanctions policy

Introduction TPR today published a consultation, which closes on 22 April 2021, on its proposed policy approach towards investigating and prosecuting two new cr...

Trustee protections – are we covered?

Discussions about trustee protection used to be pretty straightforward. Employers were mostly content to give, and trustees to rely on, a broad indemnity both d...

DC briefing – March 2021

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Pension Schemes Act 2021 and DC schemes Costs and charges...

Budget Day 2021

Introduction Rishi Sunak delivered his much trailed second Budget today. Much of his focus was of course on helping the economy bounce back in these “unpreceden...

GMP equalisation and buy-ins

Equalising benefits, particularly for the effects of unequal Guaranteed Minimum Pensions (“GMP equalisation”) has, for some time, been a pre-condition for insur...

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