Pensions Round-Up February 2021

In this edition of Pensions Round-Up we look at key developments in pensions legislation, case law and regulatory guidance from February 2021 including:

• The Pensions Regulator: the results of the Regulator’s annual survey of trust-based occupational DC pension schemes; and the Regulator’s latest compliance and enforcement bulletin.
• HM Treasury: a consultation relating to increasing the normal minimum pension age.
• Department for Work and Pensions: the government response to the call for evidence on the alternative quality requirements for DB schemes.
• GMP Equalisation Working Group: the publication of a guidance note on tax issues.
• Legislation: an update on the Pension Schemes Act 2021; and the publication of a call for input by the Pensions Dashboards Programme.
• Public service pension schemes: the government response to the July 2020 consultation on proposals to address discrimination arising from transitional provisions; and the revocation of the regulations relating to the cap on public sector exit payments.
• Work and Pensions Committee: the launch of the second part of the Committee’s inquiry into the impact of the pension freedoms and the protection of pension savers.
• On the Horizon: a timeline of some of the key future developments in pensions to help employers and trustees plan ahead.