Watchdog will also review the amount of time and resource needed for an own risk assessment
How schemes can make a difference in the transition to a net zero economy
Comes after The Pensions Regulator consulted on changes it had drafted in March
Views are sought on parameters for stronger nudge guidance when savers look to access or transfer savings
Regulator will focus more on governance-related activities than providing full disclosures
‘Bumpy road’ for standardised climate reporting but urgent action needed, says David Fairs
Concerns over criminal powers unnecessary, with use to be a ‘very significant deterrent’
The dynamics of pension scheme cashflows change, and can change rapidly, David Fairs says.
Industry feedback on the contentious ‘employer resources test’ (ERT) is unlikely to significantly shift The Pension Regulator’s (TPR) approach to issuing contribution notices, it says.
The Pensions Regulator (TPR) has failed to assuage concerns over its enhanced criminal sanctions regime with the industry continuing to call for clarity.