Regulatory Update
This quarter saw the first Budget of the new Labour Government and the Mansion House speech which included announcements on reform to pensions. We also saw the Financial Conduct Authority introduce its latest consultation on the Advice Guidance Boundary Review focusing on targeted support for pension scheme members, as well as rules on commercial pension dashboards.
Watch a short video of James Carter, Head of Platform Policy, reflecting on the Budget, the Mansion House Speech and the Financial Conduct Authority's consultation on advice and guidance and targeting support for pension scheme members.
In this quarter, we look at the early actions of the new Labour Government including the Pensions Schemes Bill, Pensions' Review and Value for Money framework consultation. The Pensions Regulator (TPR) has also provided several updates including on Pensions Dashboards, Master Trusts and ESG Compliance. The Money and Pensions Service (MaPS) has launched a new service called ‘Pension Wise Digital’.
Watch a short video from James Carter, Head of Platform Policy, highlighting recent updates from the new Labour government, a preview of the Pensions Schemes Bill, Pensions' Review and the Autumn Budget.
In this quarter, we look at what we might expect to see from the new Labour government and the possible fortunes of already
in-flight policy. We also reflect on the revised Data Standards from the Pensions Dashboards Programme and The Pension Regulator's new Corporate Plan.
Watch a short video from James Carter, Head of Platform Policy, highlighting what we might expect to see from the new Labour government in respect of pensions and savings policy and his thoughts on the possible fortunes of already in-flight policy.
In this quarter, we review the Spring Budget, Pensions Dashboards guidance and staged timetable for connection, The Pensions Regulator (TPR) General Code and their guidance on private market investments and other regulatory updates.
Watch a short video from James Carter, Head of Platform Policy, highlighting key updates on the Budget announcements, Value for Money, the lifetime provider model proposals, Pensions Minister outlook and the Pensions Dashboards Programme.
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Important information
This material is for the attention of UK scheme sponsors, trustees and their advisors and is not to be relied upon by private investors or pension scheme members. The views expressed by Fidelity and the third parties in this newsletter may no longer be current and should not be taken as a recommendation to take any course of action.
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