by Gail Higgins | Dec 20, 2019 | Uncategorized
The Pension Protection Fund (“PPF”) has issued its determination on the calculation of the levy for the 2020-21 year. This is the final year of the current triennium, so no major changes are proposed. The PPF expects to collect £620 million in levies in...
by Gail Higgins | Oct 18, 2019 | Uncategorized
The Pensions Administration Standards Association (“PASA”) has issued guidance for trustees on equalising benefits to reflect unequal Guaranteed Minimum Pensions (“GMPs”) including “good practice” approaches to deal with a number of common issues not addressed by the...
by Gail Higgins | Sep 27, 2019 | Uncategorized
The Pensions Regulator has updated its guidance on investment for trustees of defined benefit pension schemes. Our note on the original guidance may be found here. In this note we describe the changes in the new guidance. Fiduciary management Some schemes use...
by Gail Higgins | Jul 12, 2019 | Uncategorized
The Pensions Regulator (“TPR”) has published a consultation document setting out its proposals to improve the quality of governance in occupational pension schemes. TPR notes that its annual surveys of schemes reveal that smaller defined benefit (DB) and defined...
by Gail Higgins | Jun 14, 2019 | Uncategorized
The Competition and Markets Authority (“CMA”) has published the Investment Consultancy and Fiduciary Management Market Investigation Order 2019, the package of remedies arising from its market investigation into investment consultancy and fiduciary management....
