16 Min.
The Month In Pensions – January 2021 – Time for the Pension Schemes Act 2021 The Month in Pensions - Gowling WLG
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- Wirtschaft
In The Month In Pensions for January 2021, Ian Chapman-Curry focuses on the legislation that will become the Pension Schemes Act 2021. At the point of recording, the Pension Schemes Bill 2019 – 21 was on the cusp of receiving Royal Assent so this episode focuses on what it will mean for pension scheme trustees and employers.
When enacted, the Pensions Schemes Bill 2019 – 21 will see changes to the funding regime for defined benefit pension schemes along with giving The Pensions Regulator more powers. It will also provide the statutory framework for pensions dashboards and collective defined contribution schemes.
We've created one page overviews of the key issues and actions for trustees and scheme sponsors:
Trustees for our one page overview for trustees; and Sponsors for our one page overview for scheme sponsors. We'll also look over some of the other developments that have made the headlines in the world of pensions in January 2021, including:
DWP publishing its response to default fund charge cap consultation (DWP’s consultation response ‘Review of the Default Fund Charge Cap and Standardised Cost Disclosure’); Government announces expansion of Dormant Assets Scheme to certain pension assets ( press release issued by HM Treasury and the Department for Digital, Culture, Media & Sport); TPR issues interim response to its funding code consultation ( TPR’s DB funding code of practice consultation interim response); PPF issues response to its levy consultation (the PPF’s ‘Outcome of the 2021/22 levy consultation’); and Small Pots Working Group issues report (Small Pots Working Group Report). You can find this episode and the accompanying transcript on our website: https://gowlg.co/3DfNlDs
For more Insights, or to find out more about the pensions team at Gowling WLG, please visit www.gowlingwlg.com/pensions-uk
Gowling WLG is an international full-service law firm working across a range of industry sectors including real estate, government, financial services, life sciences and technology. We operate across the world with offices in the UK, Europe, Canada and the Middle East.
We regularly talk about a broad range of topics that may be of interest to you. Subscribe to receive our latest articles, podcasts and webinars straight to your inbox: https://gowlg.co/35efH2r
Alternatively, you can view our full selection of insights and resources here: https://gowlg.co/3IwEr41
Want to get to know us? Follow us on:
LinkedIn: https://gowlg.co/3hqmatB
Twitter: https://gowlg.co/35Do0nY
Facebook: https://gowlg.co/3th2w8N
Instagram: https://gowlg.co/3tEf2iq
This podcast may contain information of general interest about current legal issues, but does not give legal advice.
In The Month In Pensions for January 2021, Ian Chapman-Curry focuses on the legislation that will become the Pension Schemes Act 2021. At the point of recording, the Pension Schemes Bill 2019 – 21 was on the cusp of receiving Royal Assent so this episode focuses on what it will mean for pension scheme trustees and employers.
When enacted, the Pensions Schemes Bill 2019 – 21 will see changes to the funding regime for defined benefit pension schemes along with giving The Pensions Regulator more powers. It will also provide the statutory framework for pensions dashboards and collective defined contribution schemes.
We've created one page overviews of the key issues and actions for trustees and scheme sponsors:
Trustees for our one page overview for trustees; and Sponsors for our one page overview for scheme sponsors. We'll also look over some of the other developments that have made the headlines in the world of pensions in January 2021, including:
DWP publishing its response to default fund charge cap consultation (DWP’s consultation response ‘Review of the Default Fund Charge Cap and Standardised Cost Disclosure’); Government announces expansion of Dormant Assets Scheme to certain pension assets ( press release issued by HM Treasury and the Department for Digital, Culture, Media & Sport); TPR issues interim response to its funding code consultation ( TPR’s DB funding code of practice consultation interim response); PPF issues response to its levy consultation (the PPF’s ‘Outcome of the 2021/22 levy consultation’); and Small Pots Working Group issues report (Small Pots Working Group Report). You can find this episode and the accompanying transcript on our website: https://gowlg.co/3DfNlDs
For more Insights, or to find out more about the pensions team at Gowling WLG, please visit www.gowlingwlg.com/pensions-uk
Gowling WLG is an international full-service law firm working across a range of industry sectors including real estate, government, financial services, life sciences and technology. We operate across the world with offices in the UK, Europe, Canada and the Middle East.
We regularly talk about a broad range of topics that may be of interest to you. Subscribe to receive our latest articles, podcasts and webinars straight to your inbox: https://gowlg.co/35efH2r
Alternatively, you can view our full selection of insights and resources here: https://gowlg.co/3IwEr41
Want to get to know us? Follow us on:
LinkedIn: https://gowlg.co/3hqmatB
Twitter: https://gowlg.co/35Do0nY
Facebook: https://gowlg.co/3th2w8N
Instagram: https://gowlg.co/3tEf2iq
This podcast may contain information of general interest about current legal issues, but does not give legal advice.
16 Min.
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