“Thanks for all your help!”
“I found the trustee training really beneficial, highly recommended. I am not a trustee, I represent the employer and I think it will be valuable for me in future, having a better understanding of the trustees' perspective.”
“Stuart is a very experienced and good leader and certainly has met expectations.”
“PSGS was chosen because of their knowledge of the subject and awareness of our particular schemes.”
“Good, helpful guidance.”
“Ever increasing regulation has placed a heavy burden on trustees both in terms of time and the risk of non-compliance. PSGS has the experience and the resources to help trustees manage these burdens.”
Wednesday, 1 September 2021
In this CMS Pensions LawCast episode, Louise Webb and Simon Lewis joined Jae Fassam and Hadassah Shulman to discuss The Pensions Regulator’s (TPR) Single Code and the issues raised.
We have more information on the single code here following the consultation, which closed at the end of May, highlighting our initial views and the key things pension trustees need to know.
Since recording the podcast, TPR has issued its interim response to TPR’s new code of practice consultation issued. It is worth noting the final publication date for the new code has not been set but it is unlikely to become effective before summer 2022. It is heartening the concerns we raised in our response (including the regulatory burden of the new Own Risk Assessment) were featured in many responses to TPR’s consultation. TPR intends to consider these responses in more detail before issuing a full response. We will continue to monitor progress and keep you updated.
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