A round-up of topical issues in the pensions arena, including a look at TPRs revised approach, the impact of IORP 2, Master trust developments and other news.
Since our last update in April, we have seen a continued number of developments in the pensions arena. The
Regulator has revealed its new approach at a time when fines and criminal charges for non-compliance and fraud seem at their highest. The DWP have responded to consultations, turning new legislation around quickly, and more recently we have had much awaited legislation on the implementation of IORP II for UK pension schemes. A busy time indeed and it doesn’t seem to be quietening down for trustees and managers