Compass July 2018Download
Welcome to the July issue of Compass
Compass provides commentary and analysis of recent legislative and regulatory developments affecting pensions and employee benefits.
Compass will be moving to a quarterly publication, the next edition will be available in October.
This month, transfers are once again under the spotlight as we examine the updated Code of Good Practice on pension scams, designed to protect members’ pension savings, and a new framework for pension transfers and re-registrations, which aims to speed up the process.
We explore the DWP consultations designed to: clarify and strengthen trustees’ investment duties and create a stronger Pensions Regulator better equipped to protect members of DB pension schemes.
It has also been a busy month for the Courts with several legal cases coming to a head. We explore the judgments in the Pimlico Plumbers case, British Airways appeal and rights for transgender members set out by the CJEU.
Elsewhere in Compass, we look at:
- The Government response to the Work and Pensions Select Committee’s Report on Pension Freedoms and a promise on a cold-calling ban.
- The FCA’s consultation paper focused on retirement outcomes; in particular, the investment options and charges associated with drawdown arrangements.
- A round up of other pensions news.
Workplace Benefits Insight Report 2018
Workplace Benefits report examines the employee attitudes to workplace benefits.
Defined Benefits (DB) Consulting
As one of the UK’s leading advisers on pensions, we provide actuarial, investment and consulting services for defined benefit (DB) pension schemes of all sizes, including journey planning, funding and risk management strategies.Learn more