Publication
Pensions Regulator announces changes to the DC scheme return for 2024
The Regulator has issued an online announcement about upcoming changes to its DC scheme return.
United Kingdom | Publication | August 2023
The Pensions Administration Standards Association Data Working Group has updated its guidance on dashboards data accuracy.
PASA notes that despite the dashboards reset, the Regulator strongly recommends schemes keep to the original connection timetable. In order to be ready, it is vital that schemes review their data and take the necessary action to ensure the key matching data is both present and accurate.
Accuracy testing and validation is a step further than typical data reviews, but PASA’s guidance can help schemes navigate the process. The PASA Data Working Group continues to advocate for more to be done in managing pension scheme data and encourage schemes to efficiently include this richer set of data actions in their wider data review and improvement plans.
Publication
The Regulator has issued an online announcement about upcoming changes to its DC scheme return.
Publication
On July 30, 2024, the Regulator published its market oversight report on how trustees are complying with their environmental, social and governance (ESG) duties, including in respect of climate change.
Publication
We reported last month that the Court of Appeal had agreed with the High Court’s previous judgment that all rule amendments to contracted-out DB schemes between 1997 and 2013 require written actuarial certification. Three pensions professional bodies have now issued a joint statement on the effect of the ruling.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2023