News

Here are some relevant news articles involving Chair’s Statements

COVID-19: an update on reporting duties and enforcement activity
The Pensions Regulator 9th April 2020
You still need to publish your Chair’s statement and Statement of Investment Principles (SIP), however, due to the COVID issues, no penalty notices will be issued before 30th June 2020.
New shareholder engagement requirements for trustees
The Pensions Regulator 6th June 2019
From 1 October 2020, the new regulations extend this requirement to trustees of DB schemes that are required to produce a Statement of Investment Principles (SIP).
Pensions minister asks schemes for copies of ESG statements
Investment and Pensions Europe (IPE) 7th October 2019
The UK pensions minister has written to pension schemes to request they submit the sections of their statement of investment principles (SIPs) that set out how they take account of financially material considerations arising from environmental, social and corporate governance (ESG) factors, including climate change.
Chair’s statement rules are too harsh, say Buzz peers
Profesional Pensions 6th February 2020
This week’s 104 Pensions Buzz respondents agreed that the regulations surrounding chair’s statements are too harsh.
Schemes warned to comply with law on chair’s statements
The Pensions Regulator 23rd April 2019
Trustees must produce a chair’s statement which is compliant with the law, The Pensions Regulator (TPR) has warned after fines against two schemes were upheld in court.
Pension scheme trustees warned of chair statement rules
The Actuary 23rd April 2019
UK pension scheme trustees must produce a chair’s statement that is compliant with the law or face mandatory fines, the Pensions Regulator (TPR) has warned today.