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News from The Pensions Regulator

Tougher approach on poor record-keeping
Trustees and those responsible for administering workplace pensions will need to improve standards of record keeping. The Pensions Regulator published a consultation today setting out standards for member records and requiring schemes that fall short to take steps to improve their performance.
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Hampton review concludes the Pensions Regulator has successfully embedded Better Regulation
The Better Regulation Executive (BRE) and National Audit Office (NAO) have today published the report of their independent review into the Pensions Regulator's risk-based approach to regulation.
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Fourth Purple Book published
In-depth analysis of how the UK's defined benefit pension schemes fared during the economic turbulence experienced in 2008/09 was jointly published today (Tuesday) by the Pension Protection Fund (PPF) and the Pensions Regulator (the regulator).
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Pensions Regulator consults on independent trustee register review
The Pensions Regulator is reviewing how it assesses the conditions for joining and remaining on its register of independent trustees and has today published a consultation document on the proposed new criteria.
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Greater scrutiny of transfer incentive exercises needed
The Pensions Regulator today calls for greater scrutiny of transfer incentive exercises, warning trustees of the risks these pose to members' benefits.
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New requirements for trustee knowledge and understanding now effective
As part of its good governance campaign, the Pensions Regulator has brought a revised Trustee Knowledge and Understanding (TKU) code of practice into effect. It sets minimum requirements for trustees to help ensure pension schemes are run effectively.
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Pensions Regulator asks trustees to focus on managing scheme risk
Aimed at focusing greater attention on risks facing pension scheme members, the Pensions Regulator has today published revised internal controls guidance for consultation, alongside new 'bite-sized' e-learning modules which provide an overview of the topic.
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Keeping pensions safe - improving scheme governance and administration
The regulator today launches a campaign aimed at encouraging good governance and administration and better management of pension scheme risks. A statement published alongside results of the 2009 pension scheme governance survey outlines the regulator's key focus areas.
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Articles

The View From Down Under

Jo Summers reviews Australian case law on beneficiaries' rights to view trust documents.

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Latest News

Tougher approach on poor record-keeping

Trustees and those responsible for administering workplace pensions will need to improve standards of record keeping. The Pensions Regulator published...

Read More...

Hampton review concludes the Pensions Regulator has successfully embedded Better Regulation

The Better Regulation Executive (BRE) and National Audit Office (NAO) have today published the report of their independent review into the Pensions...

Read More...