Hogan Lovells

Key Dates

Consultation response issued on 10 February 2020.




Summary

The Pensions Regulator has issued a response to its consultation on the Future of trusteeship and governance.  Points to note include the following.

Trustee knowledge and understanding (TKU)

Scheme governance structures for effective decision-making

Driving DC consolidation

The consultation response considers options for winding up DC schemes which include guarantees.  The Regulator will not issue guidance for such schemes in the immediate future as the DWP is considering responses to its consultation "Investment innovation and future consolidation" and subsequent statutory guidance is likely to include specific reference to schemes with guarantees. 



Date Accessed: 03/12/2021