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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 | March 2024
On February 20, 2024, the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2024 was published. It came into force on March 11, 2024.
The Order makes "Operating a pensions dashboard service" that connects to the Money and Pensions Service dashboards digital architecture a new FCA-regulated activity.
The Pensions Dashboards Programme has published a blog providing an outline of the central digital architecture which connects pensions providers and schemes with pensions dashboards. The blog covers the three services of the central digital architecture which facilitate the exchange of pensions data: the identity service; the consent and authorisation service; and the pensions finder service.
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The Regulator has issued an online announcement about upcoming changes to its DC scheme return.
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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.
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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.
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