Current events related to Covid-19 and the related economic impact are raising a number of time critical pensions-related issues that employers with defined contribution (DC) schemes and trustees of such schemes need to address. To help with this, we have created checklists (based on our experience advising clients to date) which summarise the key pensions-related issues and regulatory guidance that employers and trustees need to consider in relation to DC schemes:
People: Key issues for trustees of defined contribution pension schemes (UK)
People: Key issues for employers with defined contribution pension schemes (UK)
The checklists cover key issues relating to:
- business continuity and the ongoing operation of the scheme
- DC investment issues
- data protection and cybersecurity
- pension scams and member communications, and
- scenario planning for future events.
If you have particular concerns about your scheme, sponsor or business please contact us.
Latest news
Follow the latest news on the impact of COVID-19 on UK pension schemes and sponsors on our UK pensions blog. For updates on the wider impact check HSF’s CATALYST hub.
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Disclaimer
The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.