News & Analysis as of

Death Benefits Pensions United Kingdom

Mayer Brown

Pensions and the Autumn Budget – what’s changing?

Mayer Brown on

The Autumn Budget announced that from 6 April 2027, the majority of death benefits paid from registered pension schemes (whether DB or DC) will form part of the deceased member’s estate for inheritance tax (“IHT”) purposes....more

Mayer Brown

Autumn Budget 2024 – pensions-related announcements

Mayer Brown on

The Autumn Budget contained the following key announcements affecting occupational pension schemes...more

Hogan Lovells

UK Budget 2024: Pensions news

Hogan Lovells on

Today's Budget brought some good news: Despite recent speculation, National Insurance contributions (NICs) will not be charged on employers’ pension contributions; and No changes were announced to members’ tax-free lump sums....more

Mayer Brown

United Kingdom: The Abolition of the Lifetime Allowance - What Employers Need to Know

Mayer Brown on

What is happening? From 6 April 2024, the LTA will be abolished and a new regime for the taxation of lump sums and lump sum death benefits will be introduced. This is the most significant change to the UK pensions tax...more

A&O Shearman

Pensions: what's new this week - 19 February 2024

A&O Shearman on

Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover the following topics: HMRC lifetime...more

Mayer Brown

Abolition of the lifetime allowance – Excepted group life assurance arrangements for death in service benefits

Mayer Brown on

As employers will be aware, the lifetime allowance (LTA) will be abolished from 6 April 2024. The LTA is the maximum amount of tax-relieved savings that an individual can build up in registered pension schemes over their...more

A&O Shearman

Pensions: what's new this week - 8 January 2024

A&O Shearman on

Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover the following topics: TPO statement on...more

A&O Shearman

Pensions: what's new this week - 25 September 2023

A&O Shearman on

Welcome to your weekly update from the Allen & Overy Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. This week we cover the following topics: PLSA updated...more

Hogan Lovells

Coronavirus: Actions For Pension Trustees

Hogan Lovells on

The COVID19 crisis has changed the landscape for pension scheme trustees. This note discusses the potential impacts and actions trustees should consider taking in relation to the following areas. ...more

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