Lloyds case: guidance on conversion -
The High Court has handed down a short supplementary judgment to its earlier decision that trustees are obliged to equalise for the effect of unequal guaranteed minimum pensions. We...more
Welcome to your weekly update from the Allen & Overy Pensions team, bringing you up to speed on the latest legal and regulatory developments in the world of occupational pensions.
Equalising pensions for GMPs? High Court...more
Master trusts have quickly established themselves as a major feature of the UK pensions landscape. The benefits of reduced governance burdens and, in many cases, more flexible at-retirement options for members continue to...more
The government’s plans to protect defined benefit schemes include: governance changes for trustees; new intervention and penalty powers for the Regulator; and a duty for corporates to make a statement, in advance of sales or...more
How is the business of trusteeship changing, and what future developments are currently the focus of trustee attention? We conducted an informal straw poll of trustees in October, via email and at the PLSA Annual Conference,...more
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
Prepare for GDPR compliance UPDATED! -
New data protection rules will apply from 25 May 2018 under the General Data Protection Regulation. GDPR preparation will be a significant issue, requiring a wide-ranging review of...more
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
The General Data Protection Regulation takes effect from 25 May 2018, and will require significant planning and preparation by UK pension schemes. Although many of the basic concepts set out in the GDPR will be familiar,...more
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
The Court of Appeal has ruled on two long-running disputes about the ability of an employer to change pension benefits for future service (for example by closing a scheme to future accrual and/or capping pensionable pay). The...more
What makes someone a professional trustee? Scheme governance requirements are increasingly heavy, and there is a growing trend to recognise the time commitment and responsibility by paying trustees – but is an individual a...more
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
Welcome to our monthly update on current legal issues for trustees responsible for DB and DC pension arrangements, designed to help you stay up to date with key developments between trustee meetings, and to support the legal...more