In this edition of Pensions Round-Up we look at key developments in pensions legislation and regulatory guidance from September 2019 including:

  • Statement of Investment Principles: a DWP fact sheet about changes relating to the requirements for the Statement of Investment Principles and disclosure; and updates to the Pensions Regulator's DB investment guidance in relation to some of these legislative changes.
  • The Pensions Regulator: the publication of a regulatory intervention report which includes information about the Regulator's approach to the requirement for relevant schemes to prepare a chair's annual statement.
  • GMP equalisation: the publication of a Guidance Note on Methods by the cross-industry GMP Equalisation Working Group.
  • HM Treasury: the publication of correspondence with the UK Statistics Authority about the Retail Prices Index.
  • Pension Protection Fund: an update on the PPF's work to implement a 2018 CJEU judgment about PPF compensation; and the publication of a consultation in relation to the 2020/21 levy.
  • Public service pension schemes: the publication by the Pensions Regulator of an engagement report relating to governance and administration of local government pension funds; and a consultation about proposals to introduce flexibility in the NHS pension scheme.
  • Other news: the publication of retirement income market data by the Financial Conduct Authority. We also report on a July 2019 Court of Appeal judgment about rectification.
  • On the Horizon: a timeline of some of the key future developments in pensions to help employers and trustees plan ahead.

Access the September 2019 edition of Pensions Round-Up

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