Case studies

"We constantly have to look at our own supply chain and choose the best value and quality-focused solutions for our offices. That was really the genesis of our switch to LexisNexis."

Harper Mcleod

Access all 219 documents on Pension fund

GET ACCESS NOW

GLOSSARY

Pension fund definition

Published by a LexisNexis Pensions expert

What does Pension fund mean?

The assets of a pension scheme.

A common asset pool meant to generate stable growth over the long term, and provide pensions and/or other benefits for members. The term is often used to denote the pension scheme itself.

Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.

Client Classification Checklist

Client Classification Checklist This checklist provides an overview of the Financial Conduct Authority’s (FCA) client classification requirements and may assist those seeking to classify clients as either retail clients, professional clients or eligible counterparties. • 1. Is the firm providing services relating to a child trust fund (CTF) (except for a personal recommendation relating to a contribution to a CTF) to the client? (COBS 3.4.2 R) If yes, the client is a Retail Client. If no, please see question 2. • 2. Is the firm providing any of the following services ('Eligible Counterparty Business') to the client? ◦ Dealing on own account, executing orders on behalf of clients or receiving and transmitting orders ◦ Carrying on any ancillary services directly related these services, or ◦ Arranging in relation to business that is not MiFID or equivalent third country business. (COBS 3.6.1(2) R) If yes, please see question 10. If no, please see question 3. • 3. Is the client an entity required to be authorised or regulated to operate in...

Retirement options of DC members before 6 April 2015 [Archived]

Retirement options of DC members before 6 April 2015 [Archived] ARCHIVED: This Checklist contains information on retirement options for DC members prior to 6 April 2015. It is not maintained and is for background information only. For more information on retirement options for DC members, see Practice Note: Retirement options—DC members. Pre-6 April 2015 pension payment options Until 5 April 2015, a DC member's pension pot could be used to provide one of the following pension payments: • `a scheme pension—a 'scheme pension' means either a pension paid directly by the scheme administrator from the scheme's own funds or a pension paid by an insurance company selected by the scheme administrator. DC occupational pension schemes and personal pension schemes do not usually offer the option of a scheme pension. However, should a DC scheme allow for a scheme pension, the member should first be given an opportunity to select a lifetime annuity instead • a lifetime annuity—pre-6 April 2015 lifetime annuities payable by an insurance company had to satisfy...

Discover our 6 Checklists on Pension fund

Pot for life—the multiple default consolidator approach

Pot for life—the multiple default consolidator approach FORTHCOMING DEVELOPMENT 1: In the King's Speech of 17 July 2024 on the State Opening of Parliament, 40 legislative proposals were presented, including a new Pension Schemes Bill (not yet published) which is set to cover (among other things) the consolidation of defined contribution individuals’ deferred small pension pots with the aim of maximizing income in retirement, and delivering value for every saver. Consolidation is also thought to benefit pension schemes as there will be less loss-making pots to manage. For further information, including comments from the industry, see LNB News 17/07/2024 107, LNB News 17/07/2024 113 and Law360. On 24 April 2025 the Department for Work and Pensions (DWP) provided more information on the reforms to consolidate pension pots worth £1,000 or less in the upcoming Pension Scheme Bill to be introduced later in Spring 2025. The reforms are based on the work of the Small Pots Delivery Group whose report (commissioned as part of the outcome of the...

Directors’ remuneration—quoted and unquoted traded companies

Directors’ remuneration—quoted and unquoted traded companies This Practice Note outlines the regulatory framework for remuneration of directors of quoted and unquoted traded companies against the current backdrop of increased shareholder activism and media attention on executive pay packages. It summarises the statutory directors' remuneration reporting regime for quoted companies and unquoted traded companies and notes relevant provisions of the Companies Act 2006 (CA 2006), the UK Listing Rules, the UK Corporate Governance Code (UKCG Code) of the Financial Reporting Council (FRC) and best practice guidelines relating to executive remuneration. Directors’ remuneration—law, regulation and best practice Legislation The CA 2006 and the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008, SI 2008/410 (2008 Regulations) impose requirements on the directors of a quoted company and unquoted traded company to disclose prescribed details of directors' remuneration in a remuneration report to be prepared annually. CA 2006 defines a quoted company as a UK company whose equity share capital: • has been included in the Official...

Discover our 150 Practice Notes on Pension fund

Schedule of loss & dependency in a fatal accident claim

Schedule of loss & dependency in a fatal accident claim [IN THE COUNTY COURT AT [INSERT] OR IN THE HIGH COURT OF JUSTICE] [ [Specify division] ] [ [Insert location] DISTRICT REGISTRY ] Claim No: Between AB Claimant (the Widow and Executrix of the estate of A, deceased) and C Limited Defendant NOTE: On 2 December 2024 the Lord Chancellor announced that the discount rate would change to positive 0.5%. The positive 0.5% discount rate is effective from 11 January 2025. Schedule A1 to the Damages Act 1996 provides that subsequent reviews are to take place within five years of the conclusion of the previous review which means that the next review must commence on or before 2 December 2029. The Claimant reserves the right to alter, amend or add to this schedule at any time up to and including trial. Background data Deceased’s date of birth [date] Claimant’s date of birth [date] Claimant and deceased marry [date] First child [name] born [date] Second child [name]...

Model articles—private company limited by guarantee—pre April 2013 [Archived]

Model articles—private company limited by guarantee—pre April 2013 [Archived] ARCHIVED: This archived Precedent sets out the statutory form of model articles for private companies limited by guarantee incorporated under the Companies Act 2006 and 27 April 2013. An amended version of the model articles applies to companies incorporated on or after 28 April 2013. This Precedent contains public sector information licensed under the Open Government Licence version 1.0. It is not maintained but is included for historical reference as this version of the model articles may still apply to some companies incorporated prior to 28 April 2013. Index to the articles Part 1 Interpretation and limitation of liability 1 Defined terms 2 Liability of members Part 2 Directors Directors' powers and responsibilities 3 Directors' general authority 4 Members' reserve power 5 Directors may delegate 6 Committees Decision-making by directors 7 Directors to take decisions collectively 8 Unanimous decisions 9 Calling a directors' meeting 10 Participation in directors' meetings 11 Quorum for directors' meetings 12 Chairing of directors' meetings...

Dive into our 12 Precedents related to Pension fund

Where a member of an occupational DC pension scheme designates their pension fund into flexi-access drawdown at age 60, ie prior to their normal retirement age (age 65), at what time are the information requirements of reg 19 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 (giving first information on accessing benefits) triggered?

Where a member of an occupational DC pension scheme designates their pension fund into flexi-access drawdown at age 60, ie prior to their normal retirement age (age 65), at what time are the information requirements of reg 19 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013 (giving first information on accessing benefits) triggered? Regulation 19 of the Occupational and Personal Pension Schemes (Disclosure of Information) Regulations 2013, SI 2013/2734, applies in respect of members who have a right or entitlement to flexible benefits and requires the scheme to provide them with retirement information ‘at least four months before: • where there is a retirement date, that date, or • where there is no retirement date, the date the member attains normal pension age’ [reg 19(3)] Moreover: • ‘retirement date’ means ‘the date specified by: ◦ the member to the trustees or managers of the scheme that is acceptable under the rules of the scheme, or ◦ the trustees or managers of the scheme...

Can a buyer and seller make a section 198 election on the sale of a property when the seller has not claimed any capital allowances (it is a pension fund) and if not, how does the buyer claim any capital allowances?

Can a buyer and seller make a section 198 election on the sale of a property when the seller has not claimed any capital allowances (it is a pension fund) and if not, how does the buyer claim any capital allowances? The purpose of an election under section 198 of the Capital Allowances Act 2001 is to allow the buyer and seller of a property to elect jointly to fix, for capital allowances purposes, the amount of consideration to be allocated to any fixtures on which the seller has previously claimed allowances. If the seller has not previously claimed capital allowances they cannot enter into a section 198 election. Where no previous owner was entitled to claim allowances, the amount qualifying for allowances is determined by means of a just apportionment, and must be claimed in a tax return. The aim is to apportion the purchase price to reflect the value that each constituent part makes to the value of

See the 32 Q&As about Pension fund

Chancery pauses Meta privacyclaim for EU, Ireland actions

Law360: A Delaware court on 6 June 2025 paused a pension fund stockholderclaim seeking documents on data privacy violations made by Meta Platforms Inc that led to a €1.2bn fine from European authorities.

European Commission – EFPIA response to the call for evidence on the EU Biotech Act

The European Federation of Pharmaceutical Industries and Associations (EFPIA) has submitted its response to the European Commission’s call for evidence on the proposed EU Biotech Act. Submitted by Aneta Tyszkiewicz on behalf of EFPIA, the response urges coordinated and urgent reforms across six priority areas to enhance the EU’s attractiveness for biotechnology research, development and manufacturing.

Read the latest 25 News articles on Pension fund