Here is a round up of the recent changes concerning the Coronavirus Job Retention Scheme and rules relating to the third lockdown. Employers claiming for furloughed employees under the Coronavirus Job Retention Scheme (CJRS) need to keep a close eye on deadlines. Monthly deadlines for claims must be now met unless an employer has a ‘reasonable … Read more

The Pension Schemes Bill is due to enter the final “Ping-pong” phase of its passage through Parliament on 19 January 2021. Provided this process is not drawn out, the Bill could receive Royal Assent in a matter of days. In the meantime, the Government has confirmed that the regulatory powers and sanctions contained in the … Read more

The Financial Conduct Authority (FCA) recently published a Policy Statement (PS20/17) and final rules and guidance in relation to climate-related financial disclosures for UK premium listed companies. Companies will be required to include a statement in their annual financial report which sets out whether their disclosures are consistent with the Task Force on Climate-related Financial Disclosures … Read more

After months of negotiations the UK and the EU finally reached agreement, on Christmas Eve, over the terms of their future trading and security relationship. The Trade and Cooperation Agreement (TCA), as it is known, is at its heart a classic, but not very ambitious free trade agreement – providing tariff and quota-free trade in … Read more

On Christmas Eve, the UK and EU finalised the Trade and Cooperation Agreement (TCA) that will govern their future trading and security relationship. At 1259 pages, it is a complex deal that will take time for businesses, governments and authorities to understand, implement and make use of. Notwithstanding some exceptions (particularly the extensive unilateral phased transitional mitigations … Read more

2020 has been a uniquely challenging, unpredictable and eventful year, dominated (as we all know too well) by the impact of Covid-19, which has changed the way we live, work and do business, and also by the preparations for Brexit. Both of these themes will undoubtedly continue to dominate the economic and political agenda in … Read more

Welcome to the latest edition of our quarterly pensions disputes bulletin. In this edition we cover: the 2nd judgment in the Lloyds Bank GMP equalisation litigation and new guidance relating to GMP equalisation key developments in relation to the Pension Schemes Bill the predicted rise in Covid-related complaints to the Pensions Ombudsman recent cases on transfers, insurance, investment, … Read more