
24 October 2021 • 1 minute read
Pensions Round-Up September 2021
In this edition of Pensions Round-Up we look at key developments in pensions legislation and regulatory guidance from September 2021 including:
- Changes to the Pensions Regulator’s powers: the finalised version of the Regulator’s criminal offences policy; the response to consultation and an updated version of the Regulator’s code of practice in relation to contribution notices; and a consultation on draft policies on the Regulator’s overlapping powers, monetary penalty powers and information gathering powers.
- Legislation: regulations making changes in relation to DC schemes including on value for member assessments and reporting of net investment returns.
- Department for Work and Pensions: a consultation on changes to the notifiable events regime; and a consultation on fixed rate revaluation of GMPs.
- The Pensions Regulator: the publication of a joint discussion paper with the Financial Conduct Authority on value for money in DC pension schemes.
- GMP equalisation: guidance from the GMP Equalisation Working Group on member communications and on anti-franking.
- On the Horizon: a timeline of some of the key future developments in pensions to help employers and trustees plan ahead.