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The Post-2015 National Health Service Pension SchemeCORONAVIRUS (COVID-19) UPDATE: The Coronavirus Act 2020 suspends provisions of the...
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Produced in partnership with Paul Carney of Shoosmiths 19th May
Practice notes
Pension bulk transfers—beginners’ guideThis guide is primarily aimed at trainees, newly qualified lawyers and other persons who are new to or...
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Produced in partnership with Wyn Derbyshire of gunnercooke LLP 19th May
Practice notes
What does ‘contracting-out’ mean for pension lawyers?Interaction with the additional State pensionBefore 6 April 2016, there were two levels of State...
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19th May
Practice notes
Enhanced protectionTHIS PRACTICE NOTE RELATES TO REGISTERED PENSION SCHEMESThe lifetime allowanceWhile there is no limit on the total amount of...
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Produced in partnership with Wyn Derbyshire of gunnercooke LLP 19th May
Practice notes
Fixed protection 2012 (FP 2012)THIS PRACTICE NOTE RELATES TO REGISTERED PENSION SCHEMESThe lifetime allowanceWhile there is no limit on the total...
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19th May
Practice notes
The Electricity Supply Pension SchemeThe Electricity Supply Pension Scheme (‘ESPS’) is a trust-based scheme established by the Electricity Council by...
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Produced in partnership with Gary Delderfield of Eversheds Sutherland 19th May
Practice notes
Flexible benefits vs safeguarded benefitsThis Practice Note focuses on the meanings of 'flexible benefit', 'safeguarded benefit' and...
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19th May
Practice notes
Normal minimum pension age and protected pension ageCORONAVIRUS (COVID-19) UPDATE: For the period from 1 March 2020 to 1 November 2020, HMRC granted...
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19th May
Practice notes
Corporate trustees—articles of association of a pension trustee companyTHIS PRACTICE NOTE APPLIES TO TRUST-BASED OCCUPATIONAL PENSION...
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Produced in partnership with Mark Ridler of Hill Dickinson 19th May
Practice notes
Investment management agreements—trustee considerationsThe management of assets belonging to another person on a discretionary basis is a 'regulated...
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Produced in partnership with Martin Scott of gunnercooke LLP 19th May
Practice notes
The pre A-day pensions tax regimeThe pensions tax regime under the Finance Act 2004 came into effect on 6 April 2006, otherwise known as A-day. The...
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Produced in partnership with Mark Smith, Georgina Wardrop and Angela Sharma of Taylor Wessing LLP 19th May
Practice notes
The Pension Protection Fund—compensationCORONAVIRUS (COVID-19) UPDATE: As a result of coronavirus, the PPF decided to make certain changes to its...
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19th May
Practice notes
TUPE and Beckmann—the pensions exceptionBeckmann liabilities are liabilities in respect of occupational pension benefits other than benefits relating...
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19th May
Practice notes
How to deal with Beckmann liabilities on a business saleTHIS PRACTICE NOTE APPLIES IN RELATION TO OCCUPATIONAL PENSION SCHEMESThis Practice Note...
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Produced in partnership with Ginevra Gatrell of gunnercooke LLP 19th May
Practice notes
Pensions Ombudsman determination trackerThe entries in this tracker are organised by topic, alphabetically. These topics are listed in the Table of...
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19th May
Practice notes
Anti-frankingThe conceptIt used to be the case that contracted-out salary-related (COSR) schemes could revalue a deferred member's guaranteed minimum...
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Produced in partnership with Peter White 19th May

Most recent Contracting out content

Practice notes
Equalisation of guaranteed minimum pensions (GMPs)STOP PRESS: On 17 June 2021, the High Court handed down its judgment in Punter Southall Governance...
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Produced in partnership with Elizabeth Ovey of Radcliffe Chambers 1st Jul
Practice notes
Pensions—the state pensionThis Practice Note provides guidance on:•the old state pension scheme for those reaching state retirement age prior to 6...
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Produced in partnership with Rebecca Dziobon of Penningtons Manches Cooper 8th Jun
Q&As
Does PSA 1993, s 24G(4) exempt pension schemes in winding up that are undertaking GMP conversion from the need to satisfy condition 5 under PSA 1993,...
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Produced in partnership with Alastair Meeks of Pinsent Masons 5th Jun
Practice notes
Transfers of Section 9(2B) rights and GMPs before 6 April 2016 [Archived]Contracting-out on a salary-related basis (also known as DB contracting-out)...
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5th Jun
Practice notes
Protected rights before 6 April 2012 [Archived]’Protected rights’ were the benefits which schemes contracted-out on a money purchase basis had to...
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5th Jun
Practice notes
Surrendering a DB contracting-out certificate before 6 April 2016 [Archived]THIS PRACTICE NOTE APPLIES TO SCHEMES THAT WERE CONTRACTED-OUT...
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5th Jun
Practice notes
Obtaining a DB contracting-out certificate before 6 April 2016 [Archived]THIS PRACTICE NOTE APPLIES TO SCHEMES THAT WERE CONTRACTED-OUT SALARY-RELATED...
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5th Jun
Practice notes
DB contracting-out before 6 April 2016 [Archived]THIS PRACTICE NOTE APPLIES IN RELATION TO SCHEMES THAT WERE CONTRACTED-OUT SALARY-RELATED (COSR)...
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5th Jun
Practice notes
Abolition of DB contracting-out—implementation issuesOn 6 April 2016, contracting-out on a salary-related basis (also known as DB contracting-out)...
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5th Jun
Practice notes
Abolition of DB contracting-out—the employer's statutory power to amend the scheme rulesTHIS PRACTICE NOTE APPLIES IN RELATION TO SCHEMES THAT WERE...
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5th Jun
Practice notes
Considerations where scheme ceased to be a COSR scheme before 6 April 2016 [Archived]THIS PRACTICE NOTE APPLIES IN RELATION TO SCHEMES THAT WERE...
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5th Jun
Practice notes
Considerations where member ceased to be in DB contracted-out employment before 6 April 2016 [Archived]THIS PRACTICE NOTE APPLIES IN RELATION TO...
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5th Jun
Practice notes
Buying out Section 9(2B) rights and GMPs from 6 April 2016This Practice Note focuses on the considerations applicable on and from 6 April 2016 (the...
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5th Jun
Practice notes
Varying a DB contracting-out certificate before 6 April 2016 [Archived]THIS PRACTICE NOTE APPLIES TO SCHEMES THAT WERE CONTRACTED-OUT SALARY-RELATED...
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5th Jun
Practice notes
Guaranteed minimum pension (GMP) conversionThis Practice Note describes and comments on the process that must be undertaken should the trustees of an...
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Produced in partnership with David Everett 5th Jun
Practice notes
What does ‘contracting-out’ mean for pension lawyers?Interaction with the additional State pensionBefore 6 April 2016, there were two levels of State...
Read More >
5th Jun
Practice notes
Anti-frankingThe conceptIt used to be the case that contracted-out salary-related (COSR) schemes could revalue a deferred member's guaranteed minimum...
Read More >
Produced in partnership with Peter White 5th Jun
Practice notes
Abolition of DC contracting-outContracting-out on a money purchase basis before 6 April 2012Contracting-out was the mechanism whereby an individual...
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Produced in partnership with Wyn Derbyshire of gunnercooke LLP 5th Jun
Practice notes
Buying out Section 9(2B) rights and GMPs before 6 April 2016 [Archived]This Practice Note focuses on the considerations that were applicable before 6...
Read More >
5th Jun
Practice notes
Transfers of Section 9(2B) rights and GMPs from 6 April 2016Contracting-out on a salary-related basis (also known as defined benefit (DB)...
Read More >
5th Jun

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