Pensions Round-Up August 2020
In this edition of Pensions Round-Up we look at key developments in pensions legislation, case law and regulatory guidance from August 2020 including:
- Information relating to pensions and COVID-19: a blog post from the Pensions Regulator in relation to DB schemes; and guidance from the Pensions Administration Standards Association.
- The Pensions Regulator: a blog post about the Regulator’s consultation on its DB funding code of practice; an update on pension scams; and the Regulator’s latest compliance and enforcement bulletin.
- Department for Work and Pensions: a consultation on policy proposals concerning governance and reporting by occupational pension schemes in relation to climate risk.
- HMRC: the publication of HMRC’s latest pension schemes newsletter.
- Case law: an update from the Pension Protection Fund about a recent High Court judgment concerning PPF compensation; and a Supreme Court judgment about inheritance tax.
- Other news: guidance on member communications published by the GMP Equalisation Working Group; and a response to consultation about amendments to the Local Government Pension Scheme.
- On the Horizon: a timeline of some of the key future developments in pensions to help employers and trustees plan ahead.