Events listed in Pensions Act 2004
The Pensions Act 2004 (Amendment) (Pension Protection Fund Compensation) ...
ID 26108
The Pensions Act 2004 (Amendment) (Pension Protection Fund Compensation) Regulations 2023 were published on legislation.gov.uk, the official UK platform for publicizing legal documents. The amendment regulations amend various pensions acts, specifically the Pensions Act 2004, Pensions Act 2008, and the Pensions Act 2011, to ensure that following the sunset of various EU regulations on December 31, 2023 as provided for in the [Retained EU ...
Pension trustee skills, capability and culture: a call for evidence
ID 25902
Following the launch of a „call for evidence“ on „pension trustee skills, capability and culture“ in the summer 2023, the Department for Work and Pensions (DWP) and the HM Treasury have now published their response to the consultation. In this response, the regulators briefly summarize the feedback they have received and outline the way forward on the issue. To recall, in the „call for ...
Defined benefit pension scheme consolidation
ID 24318
In 2018, the Department for Work and Pensions (DWP) launched a consultation on a proposed regulatory framework for pension superfunds. Such funds would consolidate smaller defined benefit (DB) pension schemes under the roof of one superfund bringing about economies of scale, better investment opportunities, and safer and better outcomes to savers and the UK economy as a whole, respectively. Concurrently, superfunds could serve as ...
Options for Defined Benefit schemes: a call for evidence
ID 24311
The Department of Work and Pensions (DWP) has launched a new Call for Evidence in connection with defined benefits occupational pension schemes (DBPS). Specifically, the DWP seeks to gather information on – the asset allocation strategies of DBPS, – the motivation behind such allocation, – current barriers to producing (additional) surplus in the schemes, and – possible ways to get defined benefits (DB) schemes ...
Pension trustee skills, capability and culture: a call for evidence
ID 24158
The Department for Work and Pensions (DWP) and the HM Treasury (HMT) have launched a joint call for evidence in relation to „pension trustee skills, capability and culture“. The call for evidence is aimed at gathering information to inform potential policy making in several key areas of pension fund trust management with the ultimate goal to improve the outcomes for pension savers. The areas ...
The Occupational Pension Schemes (Pension Protection Fund (Compensation) and Fraud ...
ID 22159
The Occupational Pension Schemes (Pension Protection Fund (Compensation) and Fraud Compensation Payments) (Amendment) Regulations 2023 as regards technical amendments to the Occupational Pension Schemes (Fraud Compensation Payments and Miscellaneous Amendments) Regulations 2005 (SI 2005/2184) and the Pension Protection Fund (Compensation) Regulations 2005 (SI 2005/670) was published on legislation.gov.uk, the official website for publicizing legal texts. The publication follo ...
Technical amendments to the Pension Protection Fund and Fraud Compensation Fund ...
ID 22157
The Department for Work and Pensions (DWP) has published a consultation outcome paper concerning its proposed technical amendments to the Occupational Pension Schemes (Fraud Compensation Payments and Miscellaneous Amendments) Regulations 2005 (SI 2005/2184) and the Pension Protection Fund (Compensation) Regulations 2005 (SI 2005/670). In this paper, the DWP outlines the feedback it has received to its consultation on proposed revisions to above noted regulations ...
The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling) (No. 2) ...
ID 21753
The Pension Protection Fund and Occupational Pension Schemes (Levy Ceiling) (No. 2) Order 2023 was published on legislation.gov.uk, the official platform of the UK government for publicizing legal documents. The order sets out 1. the maximum levy the Board of the Pension Protection Fund may impose on in-scope pension schemes for the financial year 2023/2024 beginning April 1, 2023 for the protection of pension ...