AT A GLANCE -
The government will make release of surplus from ongoing defined benefit (DB) pension schemes easier....more
Pensions dashboards – finalised standards and guidance -
The following dashboards standards have been finalised and have received ministerial approval...more
4/9/2025
/ Compensation & Benefits ,
Employee Benefits ,
Filing Requirements ,
New Guidance ,
New Regulations ,
Pension Schemes ,
Pensions ,
Regulatory Requirements ,
Reporting Requirements ,
Retirement Plan ,
Trustees ,
UK
The Pensions Regulator (TPR) has published updated guidance for trustees on employer covenant assessment. The guidance represents the final piece in the new DB funding regime which came into force earlier this year. While TPR...more
ISSUES AFFECTING ALL SCHEMES -
PENSIONS DASHBOARDS – UPDATED STANDARDS -
The Pensions Dashboards Programme has published updated versions of: -
The dashboards code of connection – This sets out how schemes and...more
The Chancellor, Rachel Reeves, used her inaugural Mansion House speech to outline potentially the most significant pensions reforms for many years. The main focus is on multi-employer DC trust-based pension schemes,...more
The UK National Cyber Security Centre has published guidance on effective communications in a cyber incident. While targeted at organisations generally, rather than explicitly at pension scheme trustees, the guidance contains...more
In March 2024, TPR announced the results of a 2023 survey on trustee diversity. The results confirm that trustee boards are less diverse than the overall population, with the “typical trustee,” as described by TPR, being “a...more
The Pensions Regulator (TPR) has published its latest review of pension scheme TCFD reports. This sets out TPR’s observations, feedback and suggested improvements for a selection of 30 reports published in 2023 (10% of the...more
The government has published statutory guidance setting out the staged timetable for connection to the pensions dashboards ecosystem. Although the statutory deadline for connection is 31 October 2026, schemes are required to...more
It has finally arrived! After a lengthy wait, the Pensions Regulator (“TPR”) has published the general code of practice (the “Code”). It is expected to come into effect on 27 March 2024. The Code applies to “governing...more
With the pensions industry having direct experience of recent cyber security incidents, the Pensions Regulator (TPR) has updated its guidance for trustees in this area. As a reminder, this year saw Capita suffer a cyber...more