The government has announced that it will pass legislation to give pension schemes affected by the Virgin Media ruling the power to obtain retrospective actuarial confirmation that historic changes to contracted-out benefits...more
ISSUES AFFECTING ALL SCHEMES -
MARKET VOLATILITY – PENSIONS REGULATOR REPORT -
The Pensions Regulator (TPR) has published a market oversight report on market volatility and what trustees should do, which sets out how...more
The government has responded to the previous government's 2024 consultation on options in the DB context to provide better outcomes for members, drive a more consolidated market, and enable pension funds to invest in a...more
5/29/2025
/ Employee Benefits ,
Employer Liability Issues ,
Fiduciary Duty ,
New Regulations ,
Pension Schemes ,
Proposed Legislation ,
Regulatory Reform ,
Retirement Plan ,
The Pensions Regulator (TPR) ,
Trustees ,
UK
AT A GLANCE -
A new funding regime for defined benefit pension schemes in the United Kingdom came into force in September 2024. The new regime introduces a legal requirement for trustees to assess the strength of the...more
3/31/2025
/ Employee Benefits ,
Employer Liability Issues ,
New Guidance ,
Pensions ,
Regulatory Reform ,
Regulatory Requirements ,
Retirement Plan ,
Risk Management ,
The Pensions Regulator (TPR) ,
Trustees ,
UK
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
11/8/2024
/ Budgets ,
Compensation & Benefits ,
Death Benefits ,
Employee Benefits ,
Employees ,
Inheritance Tax ,
International Labor Laws ,
Pension Schemes ,
Pensions ,
Retirement Plan ,
UK
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
Issues affecting all schemes -
General Election – impact on pensions legislation-
As a result of Parliament being dissolved ahead of the General Election, the Data Protection and Digital Information Bill, which makes a...more
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
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