PTL Blog

'Retyrement' Quality Mark

Posted by Colin Musgreaves on Nov 30, 2016 1:56:54 PM

Having just had my car serviced and being presented with a bill for £300, I was further alarmed to be told by the 'Service Specialist' (another name for salesman) that I should consider replacing both of my front tyres – at a special offer cost of only £600. Cheap day out! 

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Topics: dc governance, retirement quality mark

The Pensions Bill and master trust governance: Skilled and capable trustees needed

Posted by Colin Richardson on Nov 9, 2016 10:11:28 AM

We are only at the start of the Pensions Bill journey: published three weeks ago, there is much to be clarified, debated and fleshed out in the final Regulations. Expectations are for draft Regulations in late 2017 and enactment in 2018. That may seem some time away but preparations must be started soon.

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Topics: dc governance, pensions bill, master trusts

Charge cap guidance brings significant uncertainty around property investment

Posted by Richard Butcher on Oct 25, 2016 5:16:35 PM

Late last Friday, as many in the pensions industry tried to doze quietly on their trains after an exhausting but great PLSA conference, the Department for Work and Pensions (DWP) published some guidance on the charge cap that applies to qualifying DC schemes.  

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Topics: dc regulations, dc governance, investment, property

13 things to know about the new DC code of practice 13

Posted by Richard Butcher on Sep 22, 2016 12:36:16 PM

The new DC code is finally live and can be found at the regulator’s website here. Although it runs to 166 paragraphs, it is still, thankfully, much shorter than its predecessor. 

Much of what the new code says isn’t new. As a result compliance, for the most part, shouldn’t be too tricky. To help, we’ve put together a checklist of all the things the regulator expects trustees to deal with, which can be found here. There are, however, a few regulatory expectations that are not common practice, or indeed odd or contentious. 

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Topics: dc governance, cop 13

Teaching millennials how to save

Posted by Matthew Binnington on Aug 2, 2016 8:59:37 AM

PTL's Matthew Binnington finds a silver lining to Brexit and lessons for UK pensions from… Japanese cuisine

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Topics: dc governance, behavioural finance

The new DC codes: 6 x 5 things to know, part VI

Posted by Richard Butcher on May 11, 2016 8:30:00 AM

Earlier this year, The Pensions Regulator published a draft replacement for its rather tired looking Code of Practice 13 – which was all about Defined Contribution (DC) pensions. The new version was shorter and snappier: much more user friendly.

At the same time as they published the draft they promised a swathe of guides that would give practical guidance. The first six of those guides have now appeared. Over six days we have shared five things that you need to know about each of the six guides, followed by a bonus seventh list of five things you should know about the guides in their entirety. This one is really important, so don’t forget to read that list.

5 things to know about the new DC codes
No. 6 - communicating and reporting

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Topics: tpr, dc governance

The new DC codes: 6 x 5 things to know, part IV

Posted by Richard Butcher on May 9, 2016 8:30:00 AM

Earlier this year, The Pensions Regulator published a draft replacement for its rather tired looking Code of Practice 13 – which was all about Defined Contribution (DC) pensions. The new version was shorter and snappier: much more user friendly.

At the same time as they published the draft they promised a swathe of guides that would give practical guidance. The first six of those guides have now appeared. Over six days we’ll share five things that you need to know about each of the six guides, followed by a bonus seventh list of five things you should know about the guides in their entirety. This one is really important, so don’t forget to read that list.

5 things to know about the new DC codes
No. 4 - Investment governance

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Topics: tpr, dc governance

The new DC codes: 6 x 5 things to know, part II

Posted by Richard Butcher on May 5, 2016 8:30:00 AM

Earlier this year, The Pensions Regulator published a draft replacement for its rather tired looking Code of Practice 13 – which was all about Defined Contribution (DC) pensions. The new version was shorter and snappier: much more user friendly.

At the same time as they published the draft they promised a swathe of guides that would give practical guidance. The first six of those guides have now appeared. Over six days we’ll share five things that you need to know about each of the six guides, followed by a bonus seventh list of five things you should know about the guides in their entirety. This one is really important, so don’t forget to read that list.


5 things to know about the new DC codes
No. 2 – Scheme management skills

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Topics: tpr, dc governance

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