Blog

Chair’s statement rules are too harsh

This week’s 104 Pensions Buzz respondents agreed that the regulations surrounding chair’s statements are too harsh.

They also answered questions on the pensions dashboard and the impact of Brexit on pension schemes.

29 January 2020

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New Shareholder Engagement Requirements for Trustees

In Summary:

DC and DB schemes must be transparent about arrangements and include in SIP by 1st October 2020
DC and DB schemes must document investment strategy and engagement policy with investee companies in their SIP by 1st October 2020
DB schemes must publish their SIP online by 1 October 2020
By October 2021 DC and Db schemes must publish how they have implemented their engagement policy

A Quick Guide to The Chair’s Statement

Published by The Pensions Regulator on September 2018. This is a 16 page document that provides a number of checklists on completing and hosting your chair’s statement and SIP.

DB Investment

Published by The Pensions Regulator on March 2017 (Updated September 2019). This web page sets the trustees duties and setting up an appropriate governance structure for your scheme’s investments.

Communicating and reporting

Published by The Pensions Regulator on July 2016 (Updated August 2019). This is one of six guides to support trustee boards in meeting the standards set out in our Code of practice 13: Governance and administration of occupational trust based schemes providing money purchase benefits (‘the DC code’).

Blog

Chair’s statement rules are too harsh

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Get in contact today and we can get your SIP publicly hosted