The Pension Schemes Bill was reintroduced in the House of Lords by the Government yesterday. As expected, the new Bill contains the same measures set out in the previous version of the Bill that was introduced last October, prior to the general election. This includes measures that will introduce: new criminal offences and civil sanctions … Read more

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 outcome of the 2019 general election has the potential to radically impact the nature of the UK’s relationship with the EU and our other trading partners, the shape of the UK economy and the composition of the United Kingdom. At a macro level all of these issues will inevitably impact pension schemes, sponsors and … Read more

The Pension Schemes Bill, introduced in Parliament on 15 October 2019, contained some significant new funding requirements for defined benefit (DB) occupational pension schemes. If the requirements are introduced as proposed it is likely to mean most corporate sponsors will be required to pay more money into their DB schemes more quickly than anticipated. The … Read more

Following the announcement of a new Pension Schemes Bill in the Queen’s Speech on 14 October 2019, the Bill has now been published. As anticipated, the Bill contains a number of significant new powers for the Pensions Regulator. However, the proposed new powers are significantly wider than many in the industry expected. If they are … Read more