Pensions Round-Up June 2020

In this edition of Pensions Round-Up we look at key developments in pensions legislation, case law and regulatory guidance from June 2020 including:

• Information relating to pensions and COVID-19: updates to the guidance from the Pensions Regulator on DB scheme funding and investment, scheme administration, and DC scheme management and investment; and an update from HMRC about temporary changes to pension processes.
• The Pensions Regulator: the Regulator’s Corporate Plan for 2020-21; guidance in relation to an interim regulatory regime for DB superfunds; and analysis which gives further context to the Regulator’s Annual Funding Statement.
• Department for Work and Pensions: a call for evidence seeking views on the effectiveness of costs, charges and transparency measures in protecting member outcomes.
• Legislation: amendments made to the Pension Schemes Bill at Report Stage in the House of Lords.
• Case law: a High Court judgment about a rectification application; and a High Court judgment about PPF compensation.
• On the Horizon: a timeline of some of the key future developments in pensions to help employers and trustees plan ahead.