The Pensions Regulator’s (TPR) general code of practice came into force on 28 March 2024. The code contains new governance requirements and sets out TPR’s expectations of how occupational pension schemes should be managed and the policies, practices and procedures that should be in place. All schemes should undertake a gap analysis to assess what actions need to be taken to ensure compliance with the single code. Our library of resources should help with your scheme’s planning, to ensure a proportionate approach.
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Patricia Bailey’s blog explores proportionality for schemes in the “end game”. What steps should trustees take towards compliance with the effective system of governance and own risk assessment?
Anna Tomlinson’s blog considers how to assess whether a scheme has 100 members (and is therefore subject to requirements such as the Own Risk Assessment).
Matthew Giles’ blog explores how the concept of “proportionality” has evolved in relation to general code of practice compliance.
Our Pensions team baked a cake to celebrate the general code of practice coming into force – our video is full of tips on how to manage your compliance journey.
Kate Bailey’s video of May 2022 considers the different approaches that trustees could adopt.
Lynn Housecroft’s blog of April 2022 asks “How much is enough?”
The general code of practice is just one of the topics we are covering in our #AttentionPensions campaign, aimed at helping pension trustees demystify the myriad pensions issues and obligations in a series of easily accessible short videos, quick guides and updates. Find out more.
