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Background The DWP is seeking views on the draft regulations that will fully commence the new authorisation and supervisory regime for Master Trust schemes under the provisions of the Pension Schemes Act 2017 (“the 2017 Act”). In this...
Background The DWP is consulting on draft regulations that are intended to simplify the bulk transfer of DC pensions without member consent. In this response: General comments Removal of the requirement for an actuarial certificate Removal...
Introduction Recognising that the current legislation’s drafting is causing problems in practice, the DWP has issued a consultation to seek views on draft regulations (“the Regulations”) to simplify requirements for DC to DC bulk...
Introduction On 26 October 2017, the DWP launched a consultation seeking views on the policy and proposed regulations for how costs and charges information should be published and made available to members; and for members to request...
The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Update on costs and charges TPR finds improvements needed in DC governance Keep your eye on your member communications Spotlight:...
Introduction On 20 September 2017 the FCA published Policy Statement 17/20, on “Transaction cost disclosure in workplace pensions”. Click here for a PDF version of this Alert. In this Alert Key points Background Facilitating the...
Introduction Following the publication of the Government’s response to consultation earlier this year, regulations to implement the second phase of the member-borne commission ban will come into force with effect from 1 October 2017. For...
