I have been pondering the fact that we are coming up to a quarter of the way through the century. When Big Ben chimes in the new year, it will be 2025. How did that happen? And what has changed in the pensions industry so far this millennium?… Continue Reading
How do you succeed in serving up pensions dashboards to scheme members? It is a bit like creating a complicated recipe. You know how you want your dish to look and taste, but how do you get there? First, the ingredients have to be listed. Second, the method has to be tried and tested (and … Continue Reading
The Pensions Regulator (TPR) is not pulling any punches in its latest messaging around pensions dashboards. The Deadline campaign, launched on 22 June 2022, follows research conducted by TPR revealing that insufficient progress has been made by schemes in preparing for pensions dashboards and moving towards the level of digitalisation of member records that will … Continue Reading
From memory, the term “good governance” started to be widely used in the pensions industry at around the same time that the Pensions Act 2004 came into force. At first, it was a bit of a nebulous concept that could have been loosely described as 1. Complying with the requirements and expectations of The (then … Continue Reading
Getting started on a project is often the most difficult part. If I put off doing something (personally or professionally) the task looms over me like a little black cloud, and somehow that cloud seems to get bigger every time it enters my thought process. In a cartoon-like manner, the cloud starts to follows me … Continue Reading
If you were expecting The Pensions Regulator’s (TPR) response to consultation on the Future of Trusteeship and Governance to create headline news, then you will have been disappointed. The response feels like more of a “holding document”, designed to let the pensions industry know that TPR has taken away a lot of action points but needs … Continue Reading
Risk management is tricky, as things move along so fast, You think you have it covered, but that status doesn’t last. In terms of regulations, you may be surprised to learn Five hundred have been issued since the last decade did turn. We’re close to Twenty Twenty, it’s a good time to reflect On headlines … Continue Reading
Are GMPs getting you down? ‘Tis the season for a lighthearted view of a serious issue. We have set the history of GMPs to verse in our “GMPs Rock” poem, and invite you to reminisce with us. All the best from the Squire Patton Boggs Pensions Team. GMPs Rock! It all began way back in time, in Nineteen … Continue Reading
If I ever claimed to be an expert on IT systems and processes, those who work in our firm’s IT department would struggle to contain their amusement. Along with many other forty-somethings, I am a proficient user of IT at work and at home – until something goes wrong. Then I find it frustrating because … Continue Reading
My school reports were always pretty good. I was, in fact, what was known as “a bit of a swot” in the 1980s. My friend, however, lacked enthusiasm. One year her physics report read: “Last year I said that [name] had reached rock bottom; this year, she has started to dig in.” We thought it … Continue Reading
Do you consider yourself to be a bit of an expert on UK pensions? If so, we challenge you to have a go at our festive quiz for a bit of light-hearted entertainment. Submit your entry by 5pm GMT on 17 December for the chance to win a prize. Planning for 2014 On a more … Continue Reading
Changes to the state pension age have featured in many news headlines today. The Government’s guiding principle is that people should expect to spend up to a third of their adult life in retirement. Increased life expectancy represents good news but it is not such good news (for most people!) that their working lives will … Continue Reading
Does your firm contract with the UK public sector? If so, are you up to date with Fair Deal? The new Fair Deal policy, like the old Fair Deal policy, applies when employees who are members of a public service pension scheme have a compulsory transfer to a private contractor. The method of protecting the … Continue Reading
Did you know that more than 80% of us will require care and support after age 65 (according to the UK Government)? Who should meet the cost of this? Squire Sanders has responded to the Government’s challenge to come up with new ways of funding long term social care. Our Pensions White Paper recommends reshaping pensions … Continue Reading
In case you haven’t seen it yet, we are pleased to share Pensions Hot Topics – Autumn 2013 with you. This is a quarterly publication that provides snippets of information on recent pensions hot topics and it is the ideal read for busy professionals who want to make sure that they are not missing out … Continue Reading
