30 March 2022 • 1 minute read
Pensions Round-Up February 2022
In this edition of Pensions Round-Up we look at key developments in pensions legislation, case law and regulatory guidance from February 2022 including:
- Department for Work and Pensions: the latest review of the automatic enrolment earnings thresholds.
- Legislation: regulations in relation to fixed rate revaluation of Guaranteed Minimum Pensions; and the Finance Act 2022 receiving Royal Assent.
- Case law: a High Court judgment concerning the payment of death benefits which includes consideration of the definition of a dependant.
- The Pensions Regulator: an illustrative example which has been added to the Regulator’s guidance on climate change governance and reporting.
- HMRC: the publication of HMRC’s latest pension schemes newsletter.
- Pensions dashboards: a Financial Conduct Authority consultation on proposed new rules for pension providers in relation to dashboards; and a Financial Reporting Council consultation on updates to Actuarial Standard Technical Memorandum 1.
- On the Horizon: a timeline of some of the key future developments in pensions to help employers and trustees plan ahead.
