Pensions Round-Up May 2021

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

• The Pensions Regulator: the Regulator’s Corporate Plan for 2021-24; the Annual Funding Statement 2021; a consultation on updates to code of practice 12 to reflect the two new tests in relation to Contribution Notices in the Pension Schemes Act 2021; and a blog post on liquidity risk.
• Department for Work and Pensions: a consultation on draft regulations to amend the statutory right to transfer; a consultation on simpler annual benefit statements for DC schemes used for automatic enrolment; and a consultation on permitted charges within DC pension schemes.
• Pensions dashboards: the Pensions Dashboards Programme’s third Progress Update Report; and a call for input on staging.
• On the Horizon: a timeline of some of the key future developments in pensions to help employers and trustees plan ahead. 

Download the full publication here.