Occupational Pension Schemes (Administration and Disclosure) Regulations 2018

Following amendments to the Occupational Pension Schemes (Administration and Disclosure) Regulations 2018, it is a new requirement for all defined contribution pension arrangements to disclose and publish the level of charges and transaction costs from 6 April 2018. This requirement also means that the Scheme’s annual Chair’s Statement and Statement of Investment Principles should be made publicly accessible to members of the Scheme from 1 October 2019. The aim of these documents is to provide members with an understanding of the long term investment strategy for the Scheme and confirm how the Trustee takes account of financially material considerations, non-financial matters and policies on stewardship.