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Articles by Bethany Darragh
Pensions Life Hacks- Data Privacy Notices When Should These be Revised?
What Is the Issue? As data controllers, trustees are required to provide scheme members and beneficiaries with a privacy notice that contains specific information about the personal data the scheme holds, how it is used, and the safeguards that are in place to protect it. However, as time moves on, data processing activities may change, and it is important that your privacy notice is updated to reflect current practices.
Pension Schemes Act 2021 Under the Microscope - TPR Consultation on the new Criminal Sanction Powers
Will The Pensions Regulator (TPR) take a similar approach to the Financial Conduct Authority (FCA) when initiating criminal proceedings? Background The long-awaited Pension Schemes Act 2021 (the Act) received Royal Assent on 11 February 2021. Within the Act, new offences have been inserted into the Pensions Act 2004 (PA04) which include Section 58A (avoidance of employer debt) and Section 58B (conduct risking accrued scheme benefits), both carrying a risk of imprisonment for up to seven years.
Mandatory independent scrutiny of pre-pack sales to connected parties to be introduced in the UK
On 8 October 2020, the UK government published a report reviewing voluntary measures introduced in 2015 to improve the transparency of pre-pack sales in administration. There is no legal definition of a pre-pack, although the term is used to explain the sale of a insolvent business by an administrator back to existing management (usually on or shortly after their appointment).
Public Procurement During the COVID-19 Outbreak
Many bodies which are contracting authorities for the purpose of the Public Contracts Regulations 2015 (“PCR 2015”), or equivalent contracting entities under the Utilities Contracts Regulations 2016, the Concession Contracts Regulations 2016 and/or the Defence and Security Public Contracts Regulations 2011, will have a crucial role in responding to the COVID-19 outbreak.
The Mad Hatter’s Tea Party - The Diversity of Trustee Boards | Lexology
United Kingdom
August 2 2019 The Mad Hatter’s tea party would not have been as brilliantly bonkers if the characters were not so diverse. Could pension schemes be managed better if they were more diverse, or is the Pensions Regulator (TPR) just as mad for promoting the need for change? If it is your birthday, unbirthday or any other day of the week, please read on for a comment on trustee board diversity.
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