The Pensions Regulator’s Annual Report 2022-2023: Safeguarding Pensions in a Shifting Environment

In a dynamic year marked by industry transformation and shifting responsibilities, The Pensions Regulator (TPR) has released its Annual Report and Accounts for 2022-2023. This is crucial document not only reflects the achievements of the regulator but also emphasizes its role in safeguarding pensioners’ interests among changing pension patterns. Over the past year, TPR has…

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Strengthening Resilience in Liability Driven Investment Funds: A Regulatory Requirement

investment funds

In the continuously developing environment of financial markets, the resilience of investment funds continues to be a predominant concern for both regulators and investors alike.  This concern was accentuated in the past months by united statements from Central Bank of Ireland (CBI) and the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, collectively identified…

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Pensions Regulator’s New Single Code of Practice

Single Code of Practice

Single Code of Practice The pensions industry and retirement plans are constantly developing to ensure a secure and prosperous future for retirees. As part of this ongoing process, the Pensions Regulator is scheduled to release a new Single Code of Practice, aimed at optimising and improving the existing regulatory framework. The key aspects of the…

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From Awareness to Action: Bridging the Gap in DC Pension Schemes’ Value

Pension Schemes

It’s an appropriate time for DC pension schemes to question whether they are providing value to members – particularly the smaller schemes. A recent survey revealed a lack of awareness around value and ultimately, failing to meet expectations set by The Pensions Regulator (TPR).   Survey Results Undoubtedly, it is a challenge for smaller DC…

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Supporting DC Members

Amongst concerns that the value of some defined contribution (DC) pots has fallen, The Pensions Regulator (TPR) released a statement in January 2023 stating that savers must be supported during economic volatility. With the rising cost of living, savers under financial stress may be more susceptible to pension scams and fail to make long-term decisions…

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UK’s First CDC Pension Scheme Authorised by The Pensions Regulator

The Pensions Regulator (TPR) has assessed and authorised the UK’s first Collective Defined Contribution (CDC) pension scheme with many more lined up to be introduced. This is a landmark authorisation from TPR and shows how the regulator is pursuing its strategy to embrace innovation to help meet pension savers’ needs. The minister for Pensions, Laura…

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A look into the increased focus on climate and ESG non-compliance

The Pension Regulator (TPR) is increasing its focus on climate and environmental social governance (ESG) non-compliance, but what does this mean for you as the Trustee and your scheme? TPR is in the process of launching a regulatory initiative in Spring 2023 to ensure the reporting of ESG by Trustees meets a required standard. Part…

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The Pensions Dashboard is coming but when?

In 2022 we held a client listening exercise with several of our clients to understand how they felt towards working with Assure UK but also to highlight any key topics arising within the pensions industry. Throughout the interviews a hot topic was the Pensions Dashboard.   What is the Pensions Dashboard? The Pensions Dashboard is…

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