UK, Fiduciary Duty, Regulatory Reform

Supreme Court Ruling in Hopcraft v Wrench and Johnson v FirstRand Bank

Proskauer - Regulatory & Compliance on 8/6/2025

On 1 August 2025, the Supreme Court handed down its long-awaited judgment in Johnson v FirstRand Bank Ltd, Wrench v FirstRand Bank Ltd and Hopcraft & Anor v Close Brothers Ltd – reported together as [2025] UKSC 33....more

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

Mayer Brown on 7/8/2025

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

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

Mayer Brown on 6/9/2025

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

HL UK Pensions Law Digest 9 June 2025

Hogan Lovells on 6/9/2025

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

DB Pension Surpluses – Relaxation of Extraction Rules

Mayer Brown on 5/29/2025

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

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

A&O Shearman on 5/19/2025

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