Current Pensions Issues Summer 2016

Published by Tyron Potts on

The latest edition of Current Pensions Issues includes several actions for pension scheme trustees following the EU referendum (‘Brexit’) result.

In addition, trustees should be considering TPR's 2016 Funding Statement, reviewing their schemes’ DC provision against TPR's Code of Practice, and notifying the PPF if the scheme is potentially eligible for the Financial Assistance Scheme.

In the newsletter we also cover:

  • the impact of the Brexit vote on pensions schemes including market volatility, funding issues, TPR’s statement, the new IORP directive and possible changes to pensions legislation
  • DWP’s consultation on options for intervening in the British Steel Pension Scheme
  • the Work and Pensions Select Committee and the Business, Innovation and Skills Committee report on the role of the pension scheme in the collapse of BHS
  • a round up of latest news from the pensions world in our 'news in brief'