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ARTICLE · 22 NOVEMBER 2021

The Pensions Brief October 2021

Mayer Brown
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Trustees have until 7 January 2022 to send a compliance statement to the Competition and Markets Authority (CMA) confirming that they have complied with the CMA's requirement...

United KingdomEmployment and HR
Giles Bywater
Giles Bywater
Katherine Carter
Katherine Carter
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At a glance...

Issues affecting all schemes

  • CMA COMPLIANCE STATEMENTS

Deadline for submission of compliance statements is approaching

  • FRAUD COMPENSATION LEVY

Consultation on an increase to the levy ceiling

  • CLIMATE CHANGE

Consultation on Paris Agreement alignment reporting for schemes

  • SUSTAINABILITY

Proposed new disclosure requirements

AUTUMN BUDGET

Announcements on the DC default fund charge cap and net pay arrangements

PENSIONS OMBUDSMAN

Guidance on communications and avoiding complaints

COVID-19

Extension of some temporary HMRC pension administration process changes

Issues affecting DB schemes

  • SCHEME RETURN

New requirements for more detailed asset class information

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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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