Posts Tagged ‘TPR’
Chairman’s Statement – New Disclosure Requirements
Summary and Solution Trustees of schemes providing defined contribution (DC) benefits are required to prepare an annual governance statement (known as a ‘Chair’s Statement’) within seven months of the scheme year end. Failure to do so can result in fines, negative publicity and enforcement action. The new requirement came into force on 6 April 2018,…
Read MoreSupervision of Master Trusts and Enforcement Policy Consultation From the Pension Regulator
On 26 July 2018 the Pensions Regulator (TPR) published a draft policy for consultation on the future monitoring of pension trusts. This came shortly after a slightly amended draft Code of Practice 15 (the CoP15) for the authorisation of master trusts was laid before Parliament. The key planks are the six months window from 1…
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