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PP Monthly Digest: December 2020


So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
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Pensions: What's new this week - December 2020 #2 | Allen & Overy LLP


DB/hybrid scheme return: TPR asks schemes to download past returns
The Pensions Regulator (TPR) has published new information on next year’s scheme return for DB and hybrid schemes, including an example scheme return form (an updated version of the checklist for schemes has not yet been published). TPR is encouraging schemes to download copies of previous scheme returns, as these may not be available after 31 December 2020 due to TPR system updates.
TPR suggests that schemes should allow more time to prepare for completing the return. Depending on system updates, DB-only schemes may be asked to provide a website link to the published statement of investment principles, and their assessment of the employer covenant (and where it would sit within TPR’s grading system). ....

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Five stories you may have missed this week


So far, DC plans have largely been focused on the onset of auto-enrolment and changes to the regulatory framework - be it the ‘charge cap, ‘pension freedoms or consultations around ‘value for money , says Annabel Tonry, Executive Director at J.P. Morgan Asset Management (JPMAM).Download
In 2015 George Osborne, then the UK Chancellor of the Exchequer, decided that those age over 55 could take much more of their pension in cash. This has since opened up a range of possibilities for DC scheme members in the world of pensions.Download
Find whitepapers ....

United States , Barclays Bank Retirement Fund , Department For Work , Reinsurance Group Of America , Merchant Navy Ratings Pension Fund , Reinsurance Group , Bain Capital , Pensions Regulator , Canada Life Reinsurance , ஒன்றுபட்டது மாநிலங்களில் , பார்க்லேஸ் வங்கி ஓய்வு நிதி , துறை க்கு வேலை , மறுகாப்பீடு குழு ஆஃப் அமெரிக்கா , வணிகர் கடற்படை ரேடிஂக்ஸ் ஓய்வூதியம் நிதி , மறுகாப்பீடு குழு , பைன் மூலதனம் , ஓய்வூதியங்கள் சீராக்கி , கனடா வாழ்க்கை மறுகாப்பீடு ,