Pensions Round-Up April 2021

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

• The Pensions Regulator: the Regulator’s climate change strategy; and a blog post in relation to the new criminal offences of avoidance of employer debt and conduct risking accrued scheme benefits.
• Legislation: a report on a post implementation review of the legislation requiring trustees of schemes providing money purchase benefits to prepare a chair’s annual statement.
• Pension Protection Fund: the PPF’s response to its consultation on changes to the actuarial assumptions for section 143 and section 179 valuations; and an update on the Fraud Compensation Fund levy.
• Other news: HMRC’s pension schemes newsletter 129; an updated version of the Pension Scams Industry Group’s code on combating pension scams; and the launch of an inquiry about stewardship by the Work and Pensions Committee.
• On the Horizon: a timeline of some of the key future developments in pensions to help employers and trustees plan ahead.