The Month In Pensions – October 2021 – Prosecco over pensions

The Month in Pensions - Gowling WLG

In The Month In Pensions for October 2021, Ian Chapman-Curry looks at what the Autumn budget and spending review covered on pensions (or, rather, what it didn't cover).

In this month's interview, Ian Gordon takes us through two key cases (Britvic and Axminster), judgments for which were handed down in June.

We also look over some of the other developments that have made the headlines in the world of pensions in October 2021, including:

• Pension Schemes Act 2021 brings in new TPR powers - ‘Pensions law is changing on 1 October 2021 - Are you ready? (29 September 2021)’.
• TPR sets out how it intends to use its new powers - ‘The Pension Schemes Act 2021: The new landscape for DB schemes (26 October 2021)’.
• The PPF consults on its 2022/23 levy rules
• TPO issues guidance on communicating with members
  • ‘Annual Report shines a spotlight on activity at The Pensions Ombudsman (7 October 2021)’; and
  • TPO’s ‘Communicating with members (1 October 2021)’.
• DWP finalises legislation for simpler annual benefit statements - ‘Government response: Simpler annual pension benefit statements (19 October 2021)’.
• DWP consults on portfolio alignment metrics for climate risk reporting - ‘Climate and investment reporting: setting expectations and empowering savers – consultation on policy, regulations and guidance (21 October 2021)’.

Then we take a quick look at what is coming down the tracks for pensions in November 2021.

You can find this episode and the accompanying transcript on our website: https://gowlg.co/3jY39Ac

For more Insights, or to find out more about the pensions team at Gowling WLG, please visit www.gowlingwlg.com/pensions-uk

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