Clifford Chance

UK: Pensions Update - March 2019

12 March 2019

Welcome to the March 2019 edition of the UK: Pensions Update

In this edition we focus on the Regulator's report confirming it has ceased its anti-avoidance investigation into Johnston Press, the Regulator's recently published DB funding statement and the CMA's consultation on proposed reforms to investment consultancy and fiduciary management arrangements.

In this edition we also cover:

• an update on the PPF's approach to uplifting compensation following last year's ECJ ruling;
• the DWP's consultation on proposals to encourage wider DC investment and consolidation;
• a further extension to the pensions clearing exemption;
• an update on the Brexit pension regulations;
• the Economic Affairs Committee's report on the use of RPI;
• the FCA's revised rules following its retirement outcomes review;
• the proposed extension of Fair Deal to the LGPS;
• proposed changes to the services of the Pensions Ombudsman;
• the PPF's guidance on its approach to employer restructurings; and
• the naming of the new single financial guidance body.

 

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