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The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Spring Budget 2023: AA and LTA changes Progress towards a common VFM framework What’s on the horizon TPR’s guidance on equality,...
It’s been hard to miss that pensions was a key area in the Spring Budget, but in all the excitement, it can be easy to lose track of exactly what’s changing. So here is a quick recap of those changes, along with a reminder of...
Smaller DC schemes face growing pressure to consolidate. Increasing regulatory requirements, and associated running costs, can make master trusts and group personal pension plans attractive alternative propositions. Small schemes are a...
The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: On the horizon Pensions dashboards – update High inflation – key issues and...
Cost of living increases have reached levels unprecedented in recent history. CPIH rose by 8.8% in the 12 months to July 2022, the highest annual rate since December 1990. High inflation has wide implications for pension schemes and...
If you work in pensions and can’t say “I know what simpler annual benefit statements are”, you’ll want to read this. The new legal requirements for a shorter, simpler annual member statement for certain schemes (which we last...
Introduction The DWP published a call for evidence on 14 June 2022 to explore what support members of pension schemes need to help them make informed decisions about how to use their savings. It will also seek to understand what support...
