Pensions Round-Up October 2021

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

• The Pensions Regulator: the response to the Regulator’s and the PPF’s joint consultation on proposed changes to the asset class information collected from DB schemes in the scheme return; and the publication of the Regulator’s climate adaptation report.
• Department for Work and Pensions: the government response to the DWP’s consultation on simpler annual benefit statements for DC schemes used for automatic enrolment; and a consultation on proposals to amend the regulations on climate change governance and reporting to add a new requirement in relation to metrics, and on draft guidance explaining the DWP’s expectations on implementation statement reporting and the Statement of Investment Principles.
• HM Treasury: the government response to the 2020 call for evidence about pensions tax relief administration.
• Pensions dashboards: an overview of the key themes in responses to the Pensions Dashboards Programme’s call for input on staging; and the publication of its fourth Progress Update Report.
• The Pensions Ombudsman: the publication of a guidance note about communicating with members.
• On the Horizon: a timeline of some of the key future developments in pensions to help employers and trustees plan ahead.

Download the full publication here.