Pensions Round-Up July 2020

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

• Information relating to pensions and COVID-19: an update from the Pensions Regulator about its supervision activities; and an update from the Pension Protection Fund about levy payments.
• The Pensions Regulator: the Regulator’s Annual Report and Accounts for 2019-20; and a blog post about diversity and inclusion.
• The Pensions Ombudsman: the publication of the Ombudsman’s Corporate Plan for 2020-23 and Annual Report and Accounts for 2019-20.
• HM Treasury: a call for evidence about pensions tax relief administration.
• Legislation: further developments in relation to the Pension Schemes Bill; the Finance Act 2020 receiving Royal Assent; and a reminder on upcoming changes in relation to Statements of Investment Principles.
• HMRC: the response to the January consultation about the Trust Registration Service; a Managing Pension Schemes service newsletter; and HMRC’s latest pension schemes newsletter.
• GMP equalisation: guidance from the GMP Equalisation Working Group on data; and an HMRC newsletter which looks at lump sum payments.
• Case law: a Court of Appeal judgment about equalisation; and a judgment of the Court of Justice of the European Union about transfers of personal data.
• Public service pension schemes: consultations on proposals to address discrimination arising from transitional protections; a written statement about survivors’ benefits; and the response to a consultation about a cap on public sector exit payments.
• On the Horizon: a timeline of some of the key future developments in pensions to help employers and trustees plan ahead.