“We now have a very collaborative approach between trustees and employer.”
“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.”
“Very broad, comprehensive trustee training course covering a wide range of topics. Excellent!”
“Excellent and comprehensive training course. I will definitely refer to what I've learned and received. ”
“They have helped us save much more and created a cohesive plan to de-risk whilst building an integrated pension team.”
“So much more proactive than the previous company. On the ball - thinking in advance of things needing doing - very proactive.”
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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