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With the election done and dusted and a strong Conservative majority now in place in time for Christmas, what does the New Year hold for pensions? Read more
As expected, in today’s Queen’s speech, the Government has confirmed that it intends to reintroduce the Pension Schemes Bill before Parliament. The Bill was first introduced three weeks before Parliament was dissolved ahead of the General Election. We expect the Bill to be reintroduced early in the New Year and for the content to be … Read more
So, the Conservatives return to Government with an 80 seat majority – a result few people predicted in the run-up to last Thursday’s poll. At a macro level, this removes a great deal of the (immediate) uncertainty that has existed since the EU referendum in June 2016. Barring a very unexpected turn of events, we … Read more
The latest edition of our Pensions Planner is now available to help you plan for 2020 and beyond. Click on the image below to download your copy. The Planner and our handy timeline will help you keep track of the latest developments in pensions law and practice and identify the key pensions issues that your … Read more
The Supreme Court in England has two issues to consider in the appeal which opens today. First, should the company be held to be vicariously liable for the acts of its employee in this case? It concerns, after all, a rogue employee, who took payroll data with which he was entrusted home on a USB … Read more
Welcome to the first edition of our new quarterly pension disputes bulletin. In these bulletins we will report on key cases, Ombudsman determinations and regulatory activity and identify emerging risks for pension schemes, sponsors, administrators and other service providers. In this edition we cover: key developments in relation to pension transfers and GMP equalisation recent … Read more
The Pension Schemes Bill announced in the Queen’s Speech on Monday has been introduced in Parliament. You can view the Bill here. The Bill contains provisions which, if it reaches the statute books, will: introduce new powers for the Pensions Regulator enable employers to establish Collective DC schemes (based on the model developed by Royal … Read more
The long-awaited Pension Bill has been announced in the Queen’s speech today. We understand that the Bill (which will be a ‘Pension Schemes Bill’) could be published as soon as tomorrow. We are also expecting the Regulator to launch the first part of its consultation on the principles and framework for the new defined benefit … Read more
Environmental, social and governance (ESG) issues are becoming increasingly high profile and they are moving up the agenda for trustee boards, pension providers and asset managers as they respond to new legal and regulatory requirements, to pressure from savers and action groups and to changing social norms. Today sees new legal requirements come into force … Read more