7 days

7 Days is a weekly round up of developments in pensions, normally published on Monday afternoons. We collate this information from key industry sources, such as the DWP, HMRC and TPR.

In this 7 Days

DWP publishes public feedback to 2018 consultation

On 13 August 2019, following a freedom of information request, the DWP published the feedback it received from the public to its 2018 consultation on clarifying and strengthening trustees’ investment duties.

The DWP originally published its response to the consultation in September 2018, which confirmed changes to be made to SIPs and investment disclosure with effect from 1 October 2019.

House of Commons publishes new briefing papers

The House of Commons Library has published two briefing papers on pensions.

The first, on Pension Scams, provides information on how to spot pension scams and aims to answer some of the frequently asked questions posed by constituents seeking help from their MPs.

The second, on Pension tax rules – impact on NHS consultants and GPs, is a short note focusing on the current debate about the impact of pensions tax rules on some senior NHS staff (see 7 Days). The broader issues are covered in a Briefing Paper on Restricting pension tax relief.