News & Analysis as of

Fiduciary Duty Pension Schemes

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

401(k) Plans Need The Involuntary Cash-Out Rule (Updated)

They always say that it’s hard to say goodbye, I never had that issue as a former employee. I was never sentimental to former employers, but other former employees may think differently. As a 401(k) plan sponsor, you...more

Mayer Brown

UK Reforms to the Rules on Surplus Release From DB Pension Schemes

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AT A GLANCE - The government will make release of surplus from ongoing defined benefit (DB) pension schemes easier....more

A&O Shearman

UK Pensions in dispute - July 2025

A&O Shearman on

A scheme has been ordered to pay over GBP50,000 by the Pensions Ombudsman (TPO) for failure to pay lump sum death benefits within a two-year window set out in the scheme’s rules: CAS-66581-S4T8. The rules provided that...more

Mayer Brown

"Game-Changing" Pensions Reform – The Pension Schemes Bill is Published

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The long-awaited Pension Schemes Bill has been laid before Parliament. Described by the government as a "game changer", it aims to increase members' pension pots and deliver a £50 billion investment into the UK economy. The...more

Hogan Lovells

HL UK Pensions Law Digest 9 June 2025

Hogan Lovells on

Welcome to our latest update, in which we cover:  The long-awaited Pension Schemes Bill was introduced in Parliament on 5 June 2025. Many of the provisions are no surprise, as they will give legal effect to proposals which...more

Mayer Brown

DB Pension Endgame Options – Pensions Regulator Guidance

Mayer Brown on

The Pensions Regulator (TPR) has published guidance for trustees on new models and options for DB and hybrid pension schemes. While some of these are endgame options, the guidance also covers options for improving financial...more

Mayer Brown

DB Pension Surpluses – Relaxation of Extraction Rules

Mayer Brown on

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

A&O Shearman

UK Pensions: What’s new this week? May 19, 2025

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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. Mansion House Accord: pension providers commit to increase...more

A&O Shearman

Pensions: Joint DB and DC trustee agenda update - April 2025

A&O Shearman on

Welcome to our monthly update on current legal issues for trustees of DC 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

A&O Shearman

Pensions in dispute - March 2025

A&O Shearman on

Welcome to our quarterly pensions litigation briefing, designed to help pensions managers identify key risks in scheme administration, and trustees update their knowledge and understanding. This briefing highlights recent...more

A&O Shearman

Pensions: what’s new this week? February 10, 2025

A&O Shearman on

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. High Court 'blesses' merger of scheme in winding-up and sharing...more

A&O Shearman

Pensions: Joint DB & DC trustee agenda update – February 2025

A&O Shearman on

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

Groom Law Group, Chartered

Proposed Major Revisions to the UK Pension Law Introduced

As reported previously, in March of 2018, the UK Department of Work and Pensions issued a white paper calling for significant toughening of the fiduciary duties around pensions.  This was in response to the collapse of a...more

A&O Shearman

UK Consultation on Draft Law Ensuring Trustee Oversight of Investment Consultants and Fiduciary Managers

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The U.K. Department for Work and Pensions has opened a consultation on draft Occupational Pension Schemes (Governance and Registration) (Amendment) Regulations 2019. The consultation runs until September 2, 2019. The draft...more

A&O Shearman

UK Competition and Markets Authority Targets Anti-Competitive Practices in Investment Consultancy and Fiduciary Management...

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The U.K. Competition and Markets Authority has issued the Investment Consultancy and Fiduciary Management Market Investigation Order 2019. This is U.K. secondary legislation intended to combat anti-competitive practices in...more

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