Welcome to our monthly update on current legal issues for trustees of DB and hybrid pension schemes, designed to help you stay up to date with key developments between trustee meetings, and to support the legal update item on...more
Welcome to our monthly update on current legal issues for trustees of DC pension schemes, designed to help you stay up to date with key developments between trustee meetings, and to support the legal update item on your next...more
The High Court has handed down its ruling in the second Lloyds case on GMP equalisation. The first decision, published just over two years ago, established that trustees of defined benefit occupational pension schemes had a...more
Each week the Allen & Overy Pensions team, rounds up the latest legal and regulatory developments in the world of occupational pensions. Contact us if you would like to receive our podcast summary, or our full briefing by...more
The Coronavirus Job Retention Scheme (CJRS) has been extended until March 2021 (meaning the Job Support Scheme did not begin on 1 November) – the government had earlier announced that the CJRS would be extended by a month,...more
11/10/2020
/ Coronavirus/COVID-19 ,
Data Breach ,
Employee Benefits ,
General Data Protection Regulation (GDPR) ,
Infectious Diseases ,
Information Commissioner's Office (ICO) ,
Job Retention Schemes ,
Legislative Agendas ,
Marriott ,
Pension Schemes ,
Pensions ,
Retirement Plan ,
UK
Trustee disclosure requirements on investment governance issues, stewardship and engagement are evolving rapidly. We expect additional requirements and guidance to emerge over the next few months in relation to environmental,...more
Welcome to our quarterly pensions litigation briefing, designed to help pensions managers identify key risks in scheme administration, and trustees update their knowledge and understanding....more
Welcome to your weekly update from the Allen & Overy Pensions team, bringing you up to speed on the latest legal and regulatory developments in the world of occupational pensions.
...more
The government is consulting on strengthening the powers of the Pensions Regulator. Greater oversight of corporate transactions is a central focus, with changes to the notifiable events framework and a new declaration of...more
Once every few years a case comes along that changes the pensions industry. The Lloyds case is in that category. For nearly 30 years, there has been a question about whether pension schemes have to e?qualise for the effects...more
In some circumstances those involved in operating or advising occupational pension schemes are required to provide information to the Regulator to help it carry out its regulatory responsibilities, particularly its objectives...more
Once every few years a case comes along that changes the pensions industry. The Lloyds case is in that category. For nearly 30 years, there has been a question about whether pension schemes have to equalise for the effects of...more
Welcome to our monthly update on current legal issues for trustees of DC pension schemes, designed to help you stay up to date with key developments between trustee meetings, and to support the legal update item on your next...more
Master trusts have quickly established themselves as a major feature of the UK pensions landscape. The benefits of reduced governance burdens and, in many cases, more flexible at-retirement options for members continue to...more
For June 2018 meetings -
Welcome to our monthly update on current legal issues for trustees of DB pension schemes, designed to help you stay up to date with key developments between trustee meetings, and to support the...more
How is the business of trusteeship changing, and what future developments are currently the focus of trustee attention? We conducted an informal straw poll of trustees in October, via email and at the PLSA Annual Conference,...more
The General Data Protection Regulation takes effect from 25 May 2018, and will require significant planning and preparation by UK pension schemes. Although many of the basic concepts set out in the GDPR will be familiar,...more
Guaranteed minimum pension (GMP) rights present a variety of issues for schemes with any history of contracting-out of UK state pension arrangements. This briefing provides an update on the latest developments in a number of...more
Welcome to our monthly update on current legal issues for trustees responsible for DB and DC pension arrangements, designed to help you stay up to date with key developments between trustee meetings, and to support the legal...more
What protection is available for pension scheme assets in the event of provider failure such as negligence, fraud or insolvency, or the failure of the other parties involved in an investment?
This question is particularly...more
Overview -
The Prime Minister has issued formal notice of the UK’s intention to leave the European Union, triggering the start of a two-year negotiation process. The countdown has begun – but a countdown to what?...more
The Pensions Regulator’s power to issue a financial support direction (FSD) could mean that a bank, lender or other corporate investor becomes obliged to provide financial support to a pension scheme to which it has little,...more