Prevention of pension scams continues as a key theme, with new measures in the Pension Schemes Bill 2019/20, and proposed changes from the FCA in its response to the Work & Pensions Committee report on 'Pension Costs & Transparency'.
Other key features of the Pension Schemes Bill include enabling legislation to establish collective money purchase schemes and set up pensions dashboards, as well as laws strengthening the Regulator’s powers. The FCA response considers issues including costs and charges disclosure templates, investment pathways for drawdowns and its review of independence governance committees. We look in detail at both these documents published in late 2019.
Also included in this issue – details of the CJEU decision in the Bauer 'pensions lifeboat' case and its implications for the PPF, a review of our November 2019 seminar on 'Pensions, ESG and Stewardship: how prepared are you?', an update on the latest trends in court for survivor pension cases, a look ahead at 2020 and details of our forthcoming March 2020 Hot Topics seminars – booking is now
live.