Month: May 2020

In the news this week, a new guide for pension savers is produced, the Regulator plans to issue guidance on new capital-backed journey plans, final GMP data cuts could be issued in July, a template Chair’s statement is published and another large buy-in is completed.

In the news this week, the level of inflation falls sharply whilst the Pensions Regulator rejects criticism of its new funding code, warns DC trustees about accidental default arrangements and is set to receive new data gathering powers.

In the news this week, TPR gives guidance on DC transfers, HMRC acknowledges problems with its GMP final data cuts and, despite the volatile markets, more bulk annuity deals have been agreed.

In the news this week, ONS explains how it will calculate inflation indices during and beyond lockdown, whilst large employers defer their deficit contributions and seek to temporarily reduce their DC contributions.

In the news this week, the Regulator publishes its annual funding statement along with guidance on communication to members, while three buy-ins with the Just Group are announced.