Quarterly briefing – September 2020


Contents

The Sackers Quarterly Briefing Q3 2020 highlights significant developments in pensions, covering key areas such as pensions reform, regulatory developments, new legislation and cases.

Coronavirus

  • TPR issues updates on easements
  • Transfers and scams
  • Changes to the CJRS

DB update

  • New interim regulatory regime for Superfunds
  • Businesses in financial ldifficulty y– new legislation
  • TPR – scheme funding

Pension Schemes Bill

DC update

  • Review of default charge cap and cost disclosure
  • Updated TPR guidance on temporary closure of investment funds

GMP equalisation update

In other news

  • Update on CMA Order timing requirements
  • FCA consultation and review on value for money
  • DB pension transfers: FCA statement, consultation and update
  • MLD5 – Trust Registration
  • Call for input on dashboard data standards
  • TPR Corporate Plan and supervisory activities
  • Annual benefit statements

Cases

  • Court of Appeal
  • High Court