Welcome to the December 2017 issue of Compass

20 December 2017

Welcome to the December 2017 issue of Compass

Compass provides commentary and analysis of recent legislative and regulatory developments affecting pensions and employee benefits.

We start this month with a look at the new master trust authorisation regime, where the DWP is consulting on draft regulations to flesh out the way the new regime will be applied until 12 January 2018. This will be followed by the publication of a Code of Practice from the Regulator early in 2018, with the authorisation regime commencing on 1 October 2018.

In our second article, we example the statistics in the Purple Book 2017, a publication which arguably provides the clearest and best source of the state of play of the DB private pensions sector.

We then examine the progress of a crackdown on excessive charges in legacy pension schemes with the DWP reporting that efforts by the Government and the FCA has lowered charges on £24 billion worth of assets for members.

Elsewhere in Compass we cover:

Wishing you all a very Merry Christmas and a happy, healthy and prosperous 2018!

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