The UK’s membership of the European Union (EU) has ended, although UK legal obligations based on EU law will largely remain the same until the end of the transition period on 31 December 2020. During the transition period there are some areas we expect trustees of occupational pension schemes offering defined benefit (DB) and defined contribution (DC) to focus on.
Use the information below to find out how to prepare your scheme and the steps you may need to take.
During the transition period, trustees of DB pension schemes should focus on areas such as investment, employer covenant and administration.
During the transition period, trustees of DC pension schemes should focus on areas such as investment, member communications and administration.
