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 | May 2023
The DWP has issued a call for evidence regarding its triennial review of the alternative quality requirements for DB and hybrid schemes being used for auto-enrolment.
The alternative quality requirements are intended to provide a simpler mechanism for employers and their advisers to show that their DB or hybrid schemes meet the quality requirements for auto-enrolment pension provision, and the DWP must carry out a review every 3 years. The review also considers at the quality requirements for CDC schemes. It looks at how the simplifications and flexibilities work in practice, and whether any specific issues have arisen since the previous review.
The call for evidence closes on June 19, 2023.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