Did you know we have launched a podcast on pensions?
In each short episode (10-15 mins), Helen Cracknell and I break down a hot topic in the pensions industry with input from expert speakers. There is a particular focus on updates from the Pension Schemes Act 2021.
Our first two episodes are summarised below and you can find the podcast on our website.
Episode One – Contingency Planning
We look at TPR’s widening powers and how Trustees can prepare in case their employer support falls away.
Michael Dando gives some practical tips include reviewing scheme powers, upskilling trustee and employer personnel on the changes, and knowing your governance processes (how decisions are made).
We also look at when it might be appropriate to take action against an employer and how this differs in Scotland – speaking with Scots lawyer, Amy McVey.
Episode Two – Changes to the Notifiable Events Regime
Next year will see changes to the notifiable events regime come into force under regulations being made under the Pension Schemes Act 2021.
With Kate Granville Smith and Nick Graves, we look at:
- The latest proposals for the new events to be disclosed to the Pensions Regulator
- Timings for disclosure;
- Penalties for non-compliance; and
- What employers can do to prepare.
We also discuss our free Burges Salmon triage tool to help trustees and employers assess the implications of business activity in light of the Pensions Regulator’s new criminal offences and widened anti-avoidance powers.