Regulation

Letters were sent to TPR and FCA following Autumn Statement

Industry discusses what could be included in this week’s Autumn Statement following a year of change

Letter sent to WPC chair says a ‘societal opportunity’ is there for a long term approach

Treasury must review current exemption ahead of June 2025 deadline

APPT says option 3 could be appropriate while ACA says it is ‘exceptionally harsh’

TPR CEO wants “sophisticated investment governance” and “efficiency” among schemes

Zedra and GSAM session talks about lessons learned from LDI and scheme governance

Investment incentives with a risk guarantee should be considered for DB schemes, IGG says

Also says it is ‘unlikely’ steps to mandate for professional trustees will be taken

Schemes should remember that much of the code will be ‘supplementary’ to what they have