Over the coming months we expect around 100 schemes to publish their first reports produced in line with the Climate Change Governance and Reporting Regulations.
Continue readingReporting on climate: a challenge but an opportunity
Protecting savers in 2022: disrupting crime, managing climate risk and embracing diversity
If the pandemic has shown us anything it’s that the future cannot be predicted with any certainty – nobody has that magical crystal ball.
However, come what may, we are committed to striving to ensure all pension savers are protected and the start of 2022 presents an opportunity to look forward to what the new year will bring to workplace pensions.
Continue readingWhy it’s time for trustees to Pension Wise up
Salt and pepper, strawberries and cream or gin and tonic, all natural bedfellows.
And new rules, set to come into force this year, aim to create a new partnership, one as synonymous as Laurel and Hardy, Cagney and Lacey, or Ant and Dec: accessing a pension and getting guidance.
Continue readingWhy trustee board meetings should be more uncomfortable
Earlier this year we set bold new ambitions to drive down inequality among savers and to create a fairer and more inclusive culture across the pensions industry.
Continue readingDB Code: Taking the time to deliver the right funding measures
The underpinning principle of our revised DB Funding Code is that schemes should have the necessary long-term funding approach to ensure savers have the best chance of receiving the benefits they expect.
Continue readingUncertainty remains, but trustees hold key to protecting savers
We are living in challenging times and being the trustee of a pension scheme is no exception.
Continue readingA pension revolution, but more work to do
Automatic enrolment has led to an explosion in the number of people saving into a workplace pension.
Continue readingDC: Investing for the future
The Productive Finance Working Group has now published its final report: A Roadmap for increasing investment in Productive Finance Investments (bankofengland.co.uk – PDF, opens in a new tab). We welcome the report and the approach taken to try to unlock current barriers, structural and practical, to long term investment, particularly in the DC market.
Continue readingEmployers: Don’t neglect your automatic enrolment duties
As we steadily emerge from a tumultuous 18 months caused by the pandemic, we are now taking stock of our new normal and the challenges ahead.
Continue readingWhy trustees do have influence in the shift to UK net zero
The risks and opportunities arising from climate-related change are an area of increasing focus for pension trustees. But what can trustees really do given the scale of the challenge. David Fairs, The Pensions Regulator’s Executive Director of Regulatory Policy, Analysis and Advice explains how schemes can and must make a difference in the transition to a net zero economy.
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