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ARTICLE · 17 JANUARY 2020

Signpost: Pensions January 2020

Legislation: Pension Schemes Bill 2019-2020 will make no further progress. This Bill will be reintroduced by the new Parliament.

United KingdomEmployment and HR

Legislation: Pension Schemes Bill 2019-2020 will make no further progress. This Bill will be reintroduced by the new Parliament.

Pensions Regulator: regulatory guidance on tendering and setting objectives for investment service providers. Four guides have been issued for trustees on their duties to set objectives and tender for fiduciary management services and how investment consultancy services interact with schemes' governance models. Therefore by setting objectives for providers of investment consultancy services under the Investment Consultancy and Fiduciary Management Market Investigation Order 2019. Trustees will need to carry out competitive tendering for any agreement with fiduciary managers where 20% or more of the scheme assets are being delegated. See link

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