News & Analysis as of

Employee Benefits United Kingdom

A&O Shearman

Pensions: what's new this week? - September 09, 2024

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Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions....more

Mayer Brown

The Pensions Brief - August 2024

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The Pensions Brief is a monthly update for trustees and employers of occupational pension schemes in the UK. It provides headline summaries of developments over the previous month and associated action points. It also...more

A&O Shearman

Pensions: what's new this week - September 2, 2024

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Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. TRP asks trustees to help shape VFM framework - We...more

A&O Shearman

Pensions: DC trustee agenda update - September 2024

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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

A&O Shearman

Pensions Joint DB DC trustee agenda update September 2024

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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

Littler

UK Legislation Round-up: What Was Passed in the Parliamentary Wash-up?

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After the UK general election was announced, the following legislation was approved by Parliament during what is known as 'the wash-up' period towards the end of May 2024. Some of these require further regulations to bring...more

Mayer Brown

The Pensions Brief - July 2024

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ESG – compliance review findings - The Pensions Regulator (TPR) has published the findings from its review of how trustees are complying with their wider ESG duties. The review concludes that while 99% of trustees of...more

A&O Shearman

Pensions: what's new this week? - 12 August 2024

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Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions....more

Littler

UK: The King’s Speech and What it Means for Employment Law

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On July 17, 2024, King Charles delivered the King's Speech, which sets the Government’s legislative agenda for the next Parliamentary Session. In this, the new Labour Government announced an ambitious agenda with some 40...more

A&O Shearman

Pensions: what's new this week? - 5 August 2024

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Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. DB Funding Code laid in Parliament - The final draft DB...more

Mayer Brown

1 October 2024 – Important Deadline for DC Pension Schemes

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Regulations came into force in 2023 that require trustees of occupational pension schemes that provide DC benefits other than additional voluntary contributions (“relevant schemes”) to include their policy on investment in...more

Mayer Brown

United Kingdom: Pension Trustee Diversity - The Role of Employers

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In March 2024, TPR announced the results of a 2023 survey on trustee diversity. The results confirm that trustee boards are less diverse than the overall population, with the “typical trustee,” as described by TPR, being “a...more

Hogan Lovells

Appeal rejected in the Virgin Media case: disappointing news for UK pensions

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The Court of Appeal has today (25 July 2024) dismissed the employer’s appeal against a High Court decision last year that historic amendments to members’ contracted-out rights were void.  This increased the value of accrued...more

A&O Shearman

Pensions: What's new this week - July 22 2024

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Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. New Pension Schemes Bill announced - Among the 40 new...more

McDermott Will & Emery

Protecting Employees’ Tax Position After a Spin-off

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Spin-offs have become increasingly popular with innovative companies as a method of unlocking shareholder value, but the transaction is not always tax-free, particularly for international employees holding equity awards or...more

A&O Shearman

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

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Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. Fixed penalty notice revoked: TPR communications not received...more

Mayer Brown

The Pensions Brief: June 2024

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Issues affecting all schemes - General Election – impact on pensions - The General Election resulted in a landslide victory for the Labour Party. While no pensions-related announcements have been made since the election by...more

Seyfarth Shaw LLP

Significant UK Labor Law Reforms on the Horizon: What the Labour Party’s General Election Victory Means for Employers in the UK

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Following the Labour Party’s victory in the General Election on 4 July 2024, it is now expected that they will keep their promise of tabling some significant legislative changes to the UK’s labor law within their first 100...more

A&O Shearman

Pensions: DC trustee update for July 2024 meetings

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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

A&O Shearman

Pensions Joint DB and DC Trustee agenda for July meetings

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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

Hogan Lovells

Overpayments: lessons from the Ombudsman

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Recovering overpayments of benefits is a challenge often faced by pension trustees.  Pension scheme benefits are complex and it is no surprise that mistakes can arise and lead to members being paid more than they are entitled...more

Hogan Lovells

UK pensions cases in the Court of Appeal

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The Court of Appeal last week heard appeals by the sponsoring employers in two important pension cases.  In both cases the employers had wished to amend (or to explore amending) the scheme rules to reduce the cost of future...more

Hogan Lovells

UK pensions lifetime allowance limbo: what you need to know

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Legislation in a hurry... Pensions tax is never simple, and the legislation abolishing the lifetime allowance (LTA) on 6 April 2024 (“L-Day”) bears this out.  Regulations issued mid-March correct some, but by no means all, of...more

A&O Shearman

Pensions: what's new this week - 17 June 2024

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Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions....more

A&O Shearman

Pensions: What's new this week - 10 June 2024

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Welcome to your weekly update from the A&O Shearman Pensions team, covering all the latest legal and regulatory developments in the world of workplace pensions. - TPR: Fine imposed for withholding information - PASA...more

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