Publication
Keeping your dawn raid guidance current
Unannounced inspections or ‘dawn raids’ are used by antitrust authorities to obtain evidence when there are suspicions that individuals or businesses have infringed the antitrust rules.
United Kingdom | Publication | March 2022
The Pensions Regulator has made small changes to its quick guide. These focus on how additional documents can be attached and referred to in the chair’s statement.
Trustees preparing a DC chair’s statement will need to check that how they refer to the default statement of investment principles (SIP) and illustrative examples is in line with revised guidance.
Last April the DWP acknowledged (as part of a post implementation review of the regulations governing the chair’s statement) that the requirements for chair’s statements needed to be looked at again. The statements are typically too long, complicated and costly to produce. However, until it produces a simplified framework, trustees must continue to ensure they are meeting the current expectations.
Publication
Unannounced inspections or ‘dawn raids’ are used by antitrust authorities to obtain evidence when there are suspicions that individuals or businesses have infringed the antitrust rules.
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