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Brexit legislation tracker

This Practice Note tracks the progress of UK legislation introduced as part of the legislative project associated with the UK’s withdrawal from the

Case tracker—forthcoming cases—pensions

The entries in this tracker are organised by topic. These topics are listed in the Table of Contents (to the left of the page).Contracting-outLloyds

Deeds

Under English law legally binding agreements can be made orally, in writing or by deed.This Practice Notice considers the circumstances in which a

Appointment, retirement and resignation of a director

BREXIT IMPACT: The information to be given when appointing a corporate director will be affected by Brexit. For further details, see Impact of Brexit

Practice notes

Consultation tracker—pensions

This Lexis®PSL Pensions consultation tracker tool displays key consultations (both formal and informal) conducted in the last 12 months by HM...

27th Oct

Practice notes

Pensions Ombudsman determination tracker

The entries in this tracker are organised by topic, alphabetically. These topics are listed in the Table of Contents (to the left of the...

27th Oct

Practice notes

Legislation tracker—pensions

This legislation tracker is divided into the following sections:•Forthcoming Acts and Bills•Forthcoming Statutory Instruments•Forthcoming FCA...

27th Oct

In-house

Practice notes

The annual allowance

The basic principle underpinning the pensions tax regime is that members of registered pension schemes enjoy:•various tax advantages while accruing...

Produced in partnership with Wyn Derbyshire of gunnercooke LLP 27th Oct

Practice notes

Auto-enrolment—an introduction

CORONAVIRUS (COVID-19) UPDATE: On 9 April 2020 the Pensions Regulator (TPR) published ‘Automatic enrolment and pension contributions: COVID-19...

Produced in partnership with Wyn Derbyshire of gunnercooke LLP 26th Oct

Practice notes

Horizon scanning—Pensions

This Practice Note summarises the key legal developments that are expected to impact pension lawyers within the next 18 months and will continue to...

22nd Oct

In-house

Practice notes

Auto-enrolment—who needs to be enrolled?

CORONAVIRUS (COVID-19) UPDATE: On 9 April 2020 the Pensions Regulator (TPR) published ‘Automatic enrolment and pension contributions: COVID-19...

Produced in partnership with Wyn Derbyshire of gunnercooke LLP 13th Oct

Practice notes

Pension consultation requirements

CORONAVIRUS (COVID-19) UPDATE: On 9 April 2020 the Pensions Regulator (TPR) published guidance which provides a regulatory easement for employers...

13th Oct

Practice notes

Investment powers and duties of pension trustees

CORONAVIRUS (COVID-19) UPDATE: The market volatility caused by coronavirus has led to an increase in DB scheme deficits (see News Analysis:...

13th Oct

Practice notes

Statement of investment principles (SIP)

CORONAVIRUS (COVID-19) UPDATE: The market volatility caused by coronavirus led to an increase in DB scheme deficits (see News Analysis: Coronavirus...

Produced in partnership with Nick Stones of Pinsent Masons 5th Oct

Practice notes

The authorisation and supervisory regime for master trusts

CORONAVIRUS (COVID-19) UPDATE: In light of the coronavirus pandemic, the Pensions Regulator (TPR) issued guidance stating that, until 30 June 2020, it...

26th Sep

Practice notes

Bulk transfers between occupational pension schemes—an introduction

IntroductionThis Practice Note considers bulk transfers between occupational pension schemes. A bulk transfer is the transfer of a group of members...

26th Sep

Practice notes

Trivial commutation

HM Revenue & Customs (HMRC) recognises that schemes could incur disproportionate costs in providing small pensions under registered pension schemes,...

26th Sep

Practice notes

Surrender and forfeiture of pension benefits

THIS PRACTICE NOTE APPLIES TO OCCUPATIONAL PENSION SCHEMES ONLYThis Practice Note considers the extent to which accrued pension rights under...

25th Sep

Practice notes

Case tracker—judgments handed down in 2018—pensions

The entries in this tracker are organised by topic. These topics are listed in the Table of Contents (to the left of the page).Contracting-outLloyds...

25th Sep

Practice notes

Early leavers—revaluation

Statutory requirement to revalue benefitsStatute requires pension schemes to revalue the deferred benefits of early leavers over the period of...

25th Sep

Most recent Share sales content

Practice notes

Pension issues in share sales—where target sponsors a single-employer DB scheme

FORTHCOMING DEVELOPMENT: On 11 February 2019 the DWP published its response to the consultation ‘Protecting Defined Benefit Pension Schemes—A...

25th Sep

Practice notes

How to deal with a section 75 debt on a corporate transaction

THIS PRACTICE NOTE APPLIES IN RELATION TO DEFINED BENEFIT OCCUPATIONAL PENSION SCHEMESThis Practice Note explains how a section 75 debt can be dealt...

25th Sep

Practice notes

Pension issues in share sales—where target is principal employer of DB multi-employer scheme

FORTHCOMING DEVELOPMENT: On 11 February 2019 the DWP published its response to the consultation ‘Protecting Defined Benefit Pension Schemes—A...

25th Sep

Practice notes

Share sales—using a pension schedule

This Practice Note should be read in conjunction with the following documents:•Pensions schedule: acting for sellers in a share sale EFP vol 31(1)...

25th Sep

Practice notes

Share sales—pensions indemnities

An indemnity may be defined as a contractual obligation falling upon one contracting party (the indemnifier) and owed to another contracting party...

25th Sep

Practice notes

Tax treatment of section 75 debts

THIS PRACTICE NOTE APPLIES IN RELATION TO DEFINED BENEFIT OCCUPATIONAL PENSION SCHEMESWhat is a section 75 debt?Sections 75 and 75A of the Pensions...

25th Sep

Practice notes

Share sales—pensions warranties

THIS PRACTICE NOTE APPLIES IN RELATION TO PRIVATE SECTOR PENSION SCHEMESA share sale agreement will typically include warranties given by a seller in...

25th Sep

Practice notes

Pension issues in share sales—an introduction

FORTHCOMING DEVELOPMENT: On 11 February 2019 the DWP published its response to the consultation ‘Protecting Defined Benefit Pension Schemes—A...

25th Sep

Practice notes

Obtaining clearance from the Pensions Regulator

FORTHCOMING DEVELOPMENT: On 11 February 2019 the DWP published its response to the consultation ‘Protecting Defined Benefit Pension Schemes—A Stronger...

25th Sep

Practice notes

Pension issues in share sales—where target has DC pension arrangements in place

THIS PRACTICE NOTE APPLIES IN RELATION TO DEFINED CONTRIBUTION OCCUPATIONAL PENSION SCHEMESThis Practice Note focuses on the issues which a buyer and...

25th Sep

Practice notes

Pension issues on a takeover—Takeover Code requirements

FORTHCOMING DEVELOPMENT: On 11 February 2019 the DWP published its response to the consultation ‘Protecting Defined Benefit Pension Schemes—A...

25th Sep

Practice notes

Pensions and share sales—beginners’ guide

FORTHCOMING DEVELOPMENT: On 11 February 2019 the DWP published its response to the consultation ‘Protecting Defined Benefit Pension Schemes—A...

25th Sep

Practice notes

Pensions due diligence in share sales—issues specific to DB schemes

THIS PRACTICE NOTE APPLIES IN RELATION TO DEFINED BENEFIT OCCUPATIONAL PENSION SCHEMESThis Practice Note considers the due diligence issues to look...

25th Sep

Practice notes

Pension issues in share sales—where target is participating employer of DB multi-employer scheme

FORTHCOMING DEVELOPMENT: On 11 February 2019 the DWP published its response to the consultation ‘Protecting Defined Benefit Pension Schemes—A...

26th Sep

Practice notes

Pensions due diligence in share sales—issues specific to DC schemes

THIS PRACTICE NOTE APPLIES IN RELATION TO PRIVATE SECTOR DEFINED CONTRIBUTION PENSION ARRANGEMENTSThis Practice Note considers the due diligence...

26th Sep

Precedents

Share purchase agreement—long form pensions warranties (where target company has a Group Personal Pension (GPP) arrangement)

This precedent has been prepared on the basis that the drafter is acting for the buyerDrafted on the basis that the target company (the Company) is a...

26th Sep

Precedents

Share purchase agreement—long form pensions warranties (where target company has a defined benefit (DB) scheme)

This precedent has been prepared on the basis that the drafter is acting for the buyerDrafted on the basis that the target company (the Company) is a...

26th Sep

Precedents

Share purchase agreement—long form pensions warranties (where target company has a defined contribution (DC) scheme)

This precedent has been prepared on the basis that the drafter is acting for the buyerDrafted on the basis that the target company (the Company) is a...

26th Sep

Precedents

Share purchase agreement—short form pensions warranties (where target company has a defined contribution (DC) scheme)

THIS PRECEDENT HAS BEEN PREPARED ON THE BASIS THAT THE DRAFTER IS ACTING FOR THE SELLERDrafted on the basis that the target company (the Company) is a...

26th Sep

Precedents

Share purchase agreement—short form pensions warranties (where target company has a Group Personal Pension (GPP) arrangement or stakeholder scheme)

This precedent has been prepared on the basis that the drafter is acting for the sellerDrafted on the basis that the target company (the Company) is a...

26th Sep