Two in five schemes yet to engage with general code

LCP finds almost half have completed a gap analysis but several have only ‘briefly’ looked at code

Jasmine Urquhart
clock • 2 min read
LCP says a minority of trustees are "confident" they are already compliant
Image:

LCP says a minority of trustees are "confident" they are already compliant

Two in five (40%) schemes have only ‘briefly’ looked at the recently launched general code of practice and are yet to engage fully with its requirements, research from Lane Clark & Peacock (LCP) has found.

The poll of more than 200 trustees held during an LCP webinar earlier this week found while almost half (46%) have completed a ‘gap analysis' of The Pensions Regulator's (TPR) requirements, several...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Regulation

Reeves: Final phase one pensions review report to be published in Spring

Reeves: Final phase one pensions review report to be published in Spring

Chancellor confirms plans for pensions in Oxfordshire growth speech

Jonathan Stapleton
clock 29 January 2025 • 1 min read
Public sector workers face uncertainty due to pension statement delays

Public sector workers face uncertainty due to pension statement delays

Royal London says delays until next month will ‘create uncertainty’ for self-assessment tax returns

Jasmine Urquhart
clock 24 January 2025 • 1 min read
Financial heavyweights join forces against chancellor's IHT/pension plans

Financial heavyweights join forces against chancellor's IHT/pension plans

AJ Bell, Quilter, Hargreaves Lansdown and Interactive Investor CEOs send joint letter

Jenna Brown
clock 23 January 2025 • 2 min read
Trustpilot