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The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Investment changes confirmed Retirement outcomes update TPR’s new approach to regulation On the horizon Spotlight: preventing...
The arrival of the master trust authorisation regime has focused trustees’ and employers’ minds on the future of any DC non-associated multi-employer schemes that they run. Where these schemes meet the definition of a master trust in...
Introduction The PPF has published a consultation and draft levy rules which set out the basis on which it intends to charge the pension protection levy for the 2019/20 levy year. Click here for a PDF of this Alert. In this Alert Key...
With the increased focus on governance of DC benefits it can be expensive and time consuming to meet all the regulatory expectations in an employer’s own occupational DC scheme or DC section of a hybrid DB/DC scheme. We have seen a...
The law relating to master trust authorisation comes into full effect from 1 October 2018. All DC master trusts must apply for authorisation by 1 April 2019, or wind up. In order to be authorised by the Pensions Regulator (TPR), master...
Introduction On 11 September 2018, the DWP published a response to the consultation on changes to the Occupational Pension Schemes (Investment) Regulations 2005 (the “2005 Regulations”) together with a final version of the regulations,...
Introduction For DC pension schemes being used to meet an employer’s automatic enrolment requirements, both minimum employer and overall contribution rates are set to rise from 6 April 2019. This is the second successive annual increase...
Background On 18 June 2018, the DWP published a consultation to seek views on changes to the Occupational Pension Schemes (Investment) Regulations 2005 (“the Investment Regulations”) which are aimed at “clarifying and...
This is a consolidated version of the responses submitted to the DWP using its online survey Background The DWP is seeking views on the first of the consultations promised by this year’s DB White Paper – Protecting defined benefit...
