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ARTICLE · 07 OCTOBER 2020

The Pensions Brief: September 2020

Mayer Brown
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The Pensions Regulator has updated its guidance on reporting duties and enforcement activity during COVID-19 to say that from 1 January 2021 pension scheme providers and trustees should...

United KingdomEmployment and HR
Richard Evans
Richard Evans
Liam Kellett
Liam Kellett
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At a glance...

Issues affecting all schemes

COVID-19

Contribution payment failure period to return to 90 days

PLSA VOTE REPORTING TEMPLATES

The PLSA has published vote reporting templates to assist with implementation statements

INVESTMENT LOSS CAUSED BY TRANSFER DELAY

The Pensions Ombudsman awards significant compensation

PENSION SCHEMES BILL UPDATE

Second reading in the House of Commons to take place on 7 October 2020 NORMAL MINIMUM PENSION

NORMAL MINIMUM PENSION AGE INCREASE

Confirmation that normal minimum pension age to rise from 55 to 57 in 2028

COLD-CALLING PENALTY

The Information Commissioner's Office issues a substantial penalty for pensions cold-calling

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