Navigate the complexities of the revised pensions freedoms regime and the different circumstances of pension benefits, including periods of temporary absence and the indexation and reduction of pensions in payment.
The governance of occupational pension schemes is an area that’s expanded with the increased level of regulation. Our content helps practitioners navigate their way through the web of statutory and regulatory material.
The existence of pension arrangements can add complexity and risk to even the most straightforward of corporate transactions. Our content helps guide practitioners through the issues and how to deal with them.
Pensions is one of the most complex and technical areas of the law. And with new legislation, the advent of auto-enrolment and a move towards defined contribution schemes, it’s about to become even more challenging.
The Pensions and Lifetime Savings Association (PLSA) has outlined ten key recommendations aimed at increasing pension investments in UK assets, in...
A recent survey published by the Pension and Lifetime Savings Association (PLSA) illustrates that the UK's cost of living crisis is easing for some,...
The Ministry of Justice (MoJ) has published the outcome of the consultation on the Judicial Pensions (Amendment) Regulations 2024, which ran from 19...
The Pensions Ombudsman (TPO) has published guidance on its Resolution team explaining what it is, how it operates and options the parties to a...
the Pensions Administration Standards Association (PASA) has launched its 'Dashboards Toolkit', which will be updated periodically. The initial...
Legislation tracker—pensionsThis legislation tracker is divided into the following sections:•Forthcoming Acts and Bills•Forthcoming Statutory...
Local government outsourcing—the pension issuesFORTHCOMING DEVELOPMENT: The Ministry of Housing, Communities and Local Government consulted in May...
Collective defined contribution (CDC) schemes—an introductionSTOP PRESS: The Occupational Pension Schemes (Collective Money Purchase Schemes)...
Collective defined contribution (CDC) schemes under the Pension Schemes Act 2021STOP PRESS: The Occupational Pension Schemes (Collective Money...
The reformed Local Government Pension SchemeSTOP PRESS: On 28 March 2024, the Pensions Regulator (TPR)’s new General Code of Practice came into force,...
Precedent Defined Benefit (DB) Transfer Form[ ] PENSION SCHEMEREQUEST FOR TRANSFER OF BENEFITSName:_______________________________________Date of...
Trustee minutes concerning the exercise of a trustee power or discretion1Conflicts of interest[No conflict of interest was reported prior to, or at...
Retained EU law—training materials [Archived]ARCHIVED: This Precedent has been archived and is not maintained.These training materials consist of...
Deed of participationDate: [insert date](1)[Name of Principal Company](2)[Names of Trustees](3)[Name of New Employer]Deed of Participationrelating...
Equality, Diversity and Inclusion (EDI) policy for pension trustee boardThis document set outs the Trustees' policy as to equality, diversity and...
Qualifying Recognised Overseas Pension Schemes (QROPS)Why use a QROPS?In practice, many Qualifying Recognised Overseas Pension Schemes (QROPSs) are...
Self-invested personal pensions (SIPPs)When personal pensions were first introduced in April 1988, they could only be established by authorised...
Retirement Annuity Contracts (RAC)—older types of personal pension schemesFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase...
Pension commencement lump sums (PCLSs)When a member of a pension scheme becomes entitled to receive their scheme benefits, they can usually take part...
Indexation and revaluation of pensions—changing from RPI to CPIFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal...
What does ‘contracting-out’ mean for pension lawyers?Interaction with the additional State pensionBefore 6 April 2016, there were two levels of State...
Defined benefit (DB) pension schemes—who owns the surplus?THIS PRACTICE NOTE RELATES TO DEFINED BENEFIT OCCUPATIONAL PENSION SCHEMESOne of the most...
How is the National Employment Savings Trust (NEST) different from a typical occupational pension scheme?FORTHCOMING DEVELOPMENT: Section 10 of the...
Stakeholder pension schemes—the legal requirementsFORTHCOMING DEVELOPMENT: On 17 March 2021, the Pensions Regulator (TPR) launched a consultation on...
Tax treatment of pensions—an introductionFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age...
The Electricity Supply Pension SchemeFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA)...
Pensions and divorce in ScotlandThis Practice Note provides a high-level summary of pension sharing orders on divorce in Scotland as they relate to...
Pension bulk transfers—beginners’ guideThis guide is primarily aimed at trainees, newly qualified lawyers and other persons who are new to or...
Types of overseas pension schemesFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA) from...
Case tracker—forthcoming cases—pensionsThe entries in this tracker are organised by topic. These topics are listed in the Table of Contents (to the...
Dealing with pension scheme members who are insistent clientsWhat is an insistent client?The term ‘insistent client’ is commonly used to describe an...
Small self-administered schemes (SSASs)What is a SSAS?Small self-administered schemes (SSASs) are usually registered pension schemes that are set up...
Early leavers—revaluationFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA) from 55 to 57...
Lump sum death benefit paid in respect of a member of a defined benefit scheme.
Draft determination by the Pensions Ombudsman. Issued towards the end of an investigation to give the parties a final opportunity to comment prior to a determination being made.
The return on a fund in excess of the benchmark return.