HSF Pensions Round Up – 31 July 2020

Here is a round-up of our recent pensions blogs and briefings. We have also included links to some of the firm’s recent webinars which we think may be of interest. To keep track of our latest updates, check out our UK pensions blog. Read more

Pressure points: Trustees and administrators prepare for what’s ahead: Ombudsman to see a rise in complaints due to Covid-19

The Pensions Ombudsman recently published both its Corporate Plan 2020-2023 and Annual Report for 2019/2020, which reveal that the number of enquiries the Ombudsman received has significantly increased in the last year. In addition, the Ombudsman expects the number of complaints to “undoubtedly” increase over the next 12 months as a result of Covid-19. To help trustees and administrators … Read more

Pension Disputes Bulletin – July 2020

Welcome to the latest edition of our quarterly pension disputes bulletin. In this edition we cover: recent cases on data and cyber security, GMP equalisation, ill health early retirement and investment issues key legislative and regulatory developments in response to Covid-19, including the recent changes to the UK insolvency regime, pensions related guidance and the … Read more

People: Key action checklists for trustees and employers of DC schemes (UK) – UPDATED

Current events related to Covid-19 and the related economic impact are raising a number of time critical pensions-related issues that employers with defined contribution (DC) schemes and trustees of such schemes need to address. To help with this, we have created checklists (based on our experience advising clients to date) which summarise the key pensions-related … Read more

Trustees beware – Changes to UK insolvency regime are now in force

The Corporate Insolvency and Governance Act 2020, which contains the most far-reaching reforms to UK insolvency law in over 30 years, received Royal Assent and came into force at the end of last week. The Act has been introduced on an emergency basis in an attempt to ensure that otherwise financially viable companies survive during … Read more

New rules for Coronavirus Job Retention Scheme apply from today

The Coronavirus Job Retention Scheme (CJRS) opened for claims on 20 April 2020. The scheme, which was originally due to end on 31 May, will remain in place and be available to employers in all sectors through to the end of October 2020. However, a number of changes will apply from today (1 July 2020). … Read more

COVID-19: Pressure points: Key pensions-related guidance (UK)

A plethora of guidance is being produced to help employers and trustees deal with the issues arising from the spread of COVID-19 and the measures that have been introduced to limit this. The table below (which we will update as new guidance is issued) provides links to the key pensions-related COVID-19 guidance issued to date … Read more