Powered by Lexis+®
Jurisdiction(s):
United Kingdom

UK pensions weekly briefing—3 April 2025: TPR cuts red tape, widens assets; oversight of professional trustees; PPF 2025–28 strategy; FCA targeted support; IFS on default retirement income

Published on: 03 April 2025

Published by a LexisNexis Pensions expert
Legal News
imgtext
Article summary

In this issue:

  • The Pensions Regulator
  • The Pension Protection Fund
  • Members and benefits
  • Daily and weekly news alerts
  • Dates for your diary
  • Trackers

The Pensions Regulator

TPR to reduce regulatory burden and enable access to broader range of diverse assets in order to help boost economic growth

Cutting red tape and opening access to a wider mix of diverse assets are central ways the Pensions Regulator (TPR) aims to bolster economic growth, CEO Nausicaa Delfas told the JP Morgan Pensions and Savings Symposium 2025, noting that fostering growth for savers is not TPR’s responsibility alone; the market must respond, keep innovating with new product propositions, greater transparency and true value for money options. In her address titled ‘pensions regulation and growth’, Ms Delfas explained how TPR will lead on priority measures to protect savers, improve the system and drive innovation in savers’ interests. Work is already progressing, including updates to TPR’s approach to supervising master trusts and a push to raise governance standards among trustees...

To view the latest version of this document and thousands of others like it, sign-in with LexisNexis or register for a free trial.

Popular documents

When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...

Read More Right Arrow

This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...

Read More Right Arrow

Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...

Read More Right Arrow

I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...

Read More Right Arrow