Following weeks of intense campaigning, the electorate has delivered its verdict. As widely expected, the Labour Party has secured a historic landslide victory, soaring past the magic 326 seat mark in the early hours of Friday morning.
Read MorePlans put forward by the Department for Work and Pensions (DWP) to make it simpler to extract surplus funds from defined benefit (DB) schemes and to establish a new public ‘consolidator’ vehicle are expected to move forward now that the consultation exercise has finished.
Read MoreCyber security continues to be a top priority for governments and regulators, both in the UK and abroad. In addition, with an estimated one in five businesses falling victim to cyber-related crime, organisations of all sizes are expected to look after their clients’ personal data, or risk severe financial punishment.
Read MoreNow that the Department of Work and Pensions (DWP) has published its phased timeline for pension schemes to bring their pensions dashboards online, the onus has firmly shifted towards pension schemes to prepare themselves for connection.
Read MoreIn this article, we look at some of the latest pension industry developments and regulatory updates introduced with the intention of improving peoples’ retirement outcomes. We also explain how these new regulations are likely to impact pension schemes and trustees.
Read MoreA recent blog by Mark Hill, Climate and Sustainability Lead at The Pensions Regulator (TPR), has challenged pension fund trustees to widen the scope of their environmental, social and governance (ESG) reporting beyond climate change, and recommended they start embracing nature and social factors within their scheme policies.
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