Commentary

106 Other provisions of the Pensions Act 2004

COMPANIES vol 11 acquisitions, mergers, demergers
| Commentary

106 Other provisions of the Pensions Act 2004

| Commentary

106 Other provisions of the Pensions Act 2004

Other provisions of the Pensions Act 2004 deal with the following:

  1. 106.1

        Dispute procedures: The Pensions Act 2004 introduces simpler requirements in relation to internal dispute procedures. The rules require only a one-stage process and allow schemes to adopt procedures that are best suited to the way they operate1.

  2. 106.2

        Protection of rights on business transfers: The Act seeks to protect the pension rights of employees on the transfer of the business by which they are employed. For the first time, the new employer is under a duty to offer employer pension

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial