On the go: The Pensions Administration Standards Association will be working with the Pensions and Lifetime Savings Association and the Association of British Insurers to set up the standards for the pension dashboards data matching.
Govt to open new public sector scheme for judges in 2022
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July 23, 2021
On the go: The Ministry of Justice has launched a consultation on creating a new public sector pension scheme for judges, which will address the issues caused by the McCloud judgment and allow the government to have a pensions-based solution for the whole judiciary.
PASA launches guidance to help schemes’ e-admin journey
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July 21, 2021
On the go: The Pensions Administration Standards Association has launched new guidance on e-administration, as schemes need to get their data in order to comply with the pensions dashboards deadline in 2023.
DWP failed in communicating women’s state pension age changes
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July 20, 2021
On the go: The Department for Work and Pensions failed in communicating changes to women’s state pension age, according to the Parliamentary and Health Service Ombudsman.
DWP loses court battle on PPF cap
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July 19, 2021
The Department for Work and Pensions has seen its appeal on the Pension Protection Fund cap, previously considered discriminatory by the High Court, dismissed by the Court of Appeal, which means the pensions lifeboat will have to alter its benefits structure.
TPR updates board code of conduct following Smart’s appointment
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July 19, 2021
On the go: The Pensions Regulator has updated its policies in relation to its board members’ declaration of interests, following criticisms that TPR did not publish potential conflicts arising from connected parties in its public register.
DWP extends Anthony Arter’s term as Pensions Ombudsman
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July 19, 2021
On the go: The Department for Work and Pensions has extended the term of Anthony Arter as Pensions Ombudsman for another year.
DB schemes’ ESG policies misaligned with trustees’ intentions
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July 15, 2021
On the go: Only 40 per cent of defined benefit pension scheme trustees believe that their scheme’s environmental, social and governance policy reflects their preferred approach in this area, new research has revealed.
FCA to focus on driving value for money for savers
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July 15, 2021
On the go: The Financial Conduct Authority is planning to access how to drive value for money in pensions during accumulation, its business plan for 2021-22 has revealed.
Hundreds of DB sponsors to face hike in contributions
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June 28, 2021
On the go: Around 300 sponsors of defined benefit schemes will have to increase their deficit recovery contributions by at least 25 per cent, according to analysis from LCP.