The UK’s membership of the European Union (EU) has ended, although UK legal obligations based on EU law largely remained the same until the end of the transition period on 31 December 2020.
There are some areas we continue to expect trustees of occupational pension schemes offering defined benefit (DB) and defined contribution (DC) to focus on.
Trustees of DB pension schemes should continue to focus on areas such as investment, employer covenant and administration.
Trustees of DC pension schemes should continue to focus on areas such as investment, member communications and administration.
