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Compensation & Benefits Employee Benefits United Kingdom

Hogan Lovells

Slow burn – UK government launches parental leave review

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The UK government opens a far reaching review into parental leave and pay, including maternity, paternity and shared parental leave. It wants to improve support for working families, while growing the economy and removing...more

Mayer Brown

The Pensions Brief: April 2025

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Pensions dashboards – finalised standards and guidance - The following dashboards standards have been finalised and have received ministerial approval...more

Katten Muchin Rosenman LLP

Employment Law Update: New Compensation Limits and Statutory Payment Rates

Under the Employment Rights (Increase of Limits) Order 2025 (the “Employment Order”), there will be changes to the compensation limits that apply to certain awards that Employment Tribunals can make and other amounts payable...more

A&O Shearman

Pensions: what's new this week - December 16, 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 publishes DB landscape 2024 - The Pensions Regulator’s...more

Mayer Brown

The Pensions Brief: November 2024

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ISSUES AFFECTING ALL SCHEMES - PENSIONS DASHBOARDS – UPDATED STANDARDS - The Pensions Dashboards Programme has published updated versions of: - The dashboards code of connection – This sets out how schemes and...more

A&O Shearman

Pensions: what's new this week - November 25, 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. Court of Appeal: judgment debtor could not be required to...more

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

A&O Shearman

Pensions: what's new this week November 4, 2024

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Autumn Budget 2024: bringing pensions into the scope of IHT - The Chancellor announced in her Budget Speech that from April 6, 2027, unused pension funds and death benefits will be included within a member’s estate for...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

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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

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

Wilson Sonsini Goodrich & Rosati

FAQs: UK Employee Equity Incentive Annual Reporting Deadline Approaching

2023/2024 Annual Returns Must Be Filed by July 6, 2024 - Companies operating employee equity incentive arrangements in the United Kingdom, including companies incorporated or registered outside of the United Kingdom, are...more

Mayer Brown

DB Pension Scheme Funding – Pensions Regulator 2024 Annual Funding Statement

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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

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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

Wilson Sonsini Goodrich & Rosati

FAQs: UK Employee Equity Incentive Annual Reporting Deadline Approaching - 2022/2023 Annual Returns Must Be Filed by July 6, 2023

Companies operating employee equity incentive arrangements in the United Kingdom, including companies incorporated or registered outside of the United Kingdom, are mandated to file an online annual return with HM Revenue &...more

Cooley LLP

UK Reporting for Share Plans With UK Participants Due July 6

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The deadline is approaching for the HM Revenue & Customs (HMRC) year-end reporting requirements for companies in the UK, US and elsewhere with share options and other share awards granted to, and share acquisitions by, UK...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

McDermott Will & Schulte

UK Employment Rate and Compensation Increases Now in Effect - Updated

The compensation limits on Employment Tribunal awards and certain other amounts payable under UK employment legislation have increased with effect from 6 April 2020. This Alert sets out the latest changes in full and...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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