Government confirms normal minimum pension age to be raised to 57 in 2028

In an answer to a written question in Parliament, the government has confirmed that it intends to raise normal minimum pension age to 57 in 2028.

PASA "COVID-19 Guidance: The Road Ahead"

In August PASA published "COVID-19 Guidance: The Road Ahead" covering issues for scheme administrators to consider following the easing of lockdown.  Issues identified by the guidance include:

• the importance of schemes being visible on the internet so that members can find contact details easily;
• the importance of all data being held electronically to enable full service while remote working;
• the need to resume longer term projects which may have been put on hold during lockdown;
• where scheme administration is dealt with offshore, the need to consider how this may be impacted by a local lockdown;
• the possibility of "virtual site visits" for trustees while bans on inter-office travel and external meetings remain in place;
• how to move towards digital verification of member identity;
• the importance of maintaining up-to-date electronic signatures with all investment managers and AVC providers that trustees deal with;
• to what extent flexible working patterns will be maintained post-lockdown and how resulting issues (eg team communication) will be managed;
• what office-based working will look like in future; and
• the need to plan for possible future lockdowns at short notice.