News & Analysis as of

United Kingdom Compensation & Benefits Pension Schemes

Mayer Brown

Pensions and the Autumn Budget – what’s changing?

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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

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: DC trustee agenda update - September 2024

A&O Shearman on

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

Mayer Brown

The Pensions Brief - July 2024

Mayer Brown on

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

Mayer Brown

DB Pension Scheme Funding – Pensions Regulator 2024 Annual Funding Statement

Mayer Brown on

The Pensions Regulator (TPR) has published its 2024 annual funding statement which is targeted at DB schemes undergoing valuations with effective dates between 22 September 2023 and 21 September 2024. It is also relevant to...more

Mayer Brown

TPR Report: Key Steps Trustees Should Take if a Cyber Security Incident Occurs

Mayer Brown on

The Pensions Regulator (TPR) has published a regulatory intervention report outlining how they worked with Capita following a cyber incident last year (see our legal update), and detailing the key steps trustees should take...more

Cadwalader, Wickersham & Taft LLP

UK Government Taskforce to Produce Guidance for Pensions Sector to Consider Social Factors in Investment Decisions

On October 19, 2023, the UK government’s Taskforce on Social Factors (Taskforce) launched a consultation to produce guidance on how pension funds can consider social issues in their investment decisions. The guide is intended...more

Hogan Lovells

UK Pensions newsletter - April 2022

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Welcome to Hogan Lovells UK pension team’s April 2022 newsletter, covering highlights from the previous month. Contents GMP equalisation update Encouraging DC schemes to invest in illiquid assets Notifiable events update ...more

Hogan Lovells

Equalisation of Guaranteed Minimum Pensions (GMPs): What About Transfers Out?

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A further judgment from the High Court has clarified what pension schemes must do in relation to previous transfers out after 17 May 1990 (the date of the Barber decision) where the transferring member had a right to a...more

Hogan Lovells

GMP equalisation through conversion

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- Most defined benefit (DB) pension schemes in the UK are affected by the High Court decision in October last year that schemes must equalise for the unequal effect of guaranteed minimum pensions (GMPs) on men and women. -...more

A&O Shearman

Reshaping the DB world: What to expect in 2019/20

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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

Hogan Lovells

Equalising for the effects of GMPs - Briefing for pension schemes following the Lloyds Bank case

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In a landmark decision which will impact most defined benefit (DB) pension schemes in the UK, the High Court held on 26 October 2018 that pension schemes must equalise for the effect of guaranteed minimum pensions (GMPs)...more

Hogan Lovells

GMP action list for pension schemes: November 2018

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In a landmark decision which will impact most defined benefit (DB) pension schemes, the High Court held on 26 October 2018 that pension schemes must equalise for the effect of guaranteed minimum pensions (GMPs) providing...more

Hogan Lovells

Pension Alert - November 2017

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Hogan Lovells pension group is delighted to send you our September e-newsletter. Topics covered include, an update on VAT, PPF deadlines, pension liberation and Pension Ombudsman cases on increases to deferred pensions and...more

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