Pensions Round-Up September 2020

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

• Information relating to pensions and COVID-19: updates to the Pensions Regulator’s guidance on reporting duties and enforcement activity; and an update from HMRC about temporary changes to its pension processes.
• Department for Work and Pensions: a consultation on improving outcomes for DC members which includes proposals in relation to assessing value for members, consolidation and the charge cap; and the launch of a working group to look at the issue of deferred small pension pots.
• HM Treasury: the government response to the Public Accounts Committee’s report on management of tax reliefs.
• Legislation: regulations expanding the scope of the Trust Registration Service.
• Case law: a High Court judgment in a case concerning rectification of three successive deeds.
• Pension Protection Fund: a consultation on the calculation of the PPF levy for 2021/22.
• On the Horizon: a timeline of some of the key future developments in pensions to help employers and trustees plan ahead.