UK: Pensions Update – March 2020
27 March 2020
In light of recent events as a result of COVID-19, in this edition we cover some of the key considerations for trustees and employers, taking into account the recent guidance from TPR and include a link to some brief video messages from the Pensions partners at Clifford Chance.
In this edition we also cover:
- Pension Schemes Bill 2019-21 – Criminal Sanctions & Climate Change Risk
- Consultation on Pensions Climate Risk Guide
- TPR Issues DB Funding Code Consultation
- TPR Responds to its Consultation on the Future of Trusteeship and Governance
- DWP Responds to its Consultation on Increasing the General Levy
- HMRC Issues GMP Equalisation Guidance
- March 2020 Budget Announcement
- Consultation on the Reform to RPI Methodology
- Express Trust Registration Requirement Update
- Status of Proposed Amendments to IFRIC 14
- On the horizon