In the news this week, RPI will align with CPIH from 2030, the Chancellor announces a new National Infrastructure Strategy and the triple lock for State pensions is maintained.
Month: November 2020
In the news this week, the second Lloyds judgement says that historic transfer payments need to reflect GMP equalisation, the Pension Schemes Bill moves back to the Lords, TPR gets tough on AE compliance, the FCA surveys DB transfer advisers again and another buy-in is completed.
In the news this week, the date of the Government’s response to the RPI consultation is confirmed, TPR publishes guidance for trustees in the event of sponsor distress and three further risk reduction transactions are announced.
In the news this week, the Bank of England decides on more QE, the furlough scheme is extended, the Pension Schemes Bill completes its Committee stage and the M&S Pension Scheme completes two more buy-ins.