Navigate the complexities of the revised pensions freedoms regime and the different circumstances of pension benefits, including periods of temporary absence and the indexation and reduction of pensions in payment.
The governance of occupational pension schemes is an area that’s expanded with the increased level of regulation. Our content helps practitioners navigate their way through the web of statutory and regulatory material.
The existence of pension arrangements can add complexity and risk to even the most straightforward of corporate transactions. Our content helps guide practitioners through the issues and how to deal with them.
Pensions is one of the most complex and technical areas of the law. And with new legislation, the advent of auto-enrolment and a move towards defined contribution schemes, it’s about to become even more challenging.
Law360: The government must step in to mandate faster retirement saving transfers, a pensions provider warned on 28 April 2025, saying that in some...
Law360: The Pensions Regulator (TPR) warned defined benefit (DB) pension schemes on 29 April 2025 to be mindful of the impact of global trade tariffs...
The Pensions Regulator (TPR) has published its Annual Funding Statement, the first under the new defined benefit (DB) funding code implemented in...
Law360: The government unveiled final plans on 24 April 2025 to tackle the growing number of small forgotten pension pots, in a move that could boost...
Law360: The government was forced to pay back £44m in the first quarter to people who have been charged too much tax on pension withdrawals, bringing...
Auto-enrolment—compliance and enforcementThe Pensions Regulator's compliance and enforcement strategy and policyThe Pensions Regulator's statutory...
Collective defined contribution (CDC) schemes under the Pension Schemes Act 2021FORTHCOMING DEVELOPMENT: On 8 October 2024 the DWP launched a...
Collective defined contribution (CDC) schemes—an introductionA collective defined contribution (CDC) scheme is a type of defined ambition scheme.What...
Legislation tracker—pensionsThis legislation tracker is divided into the following sections:•Forthcoming Acts and Bills•Forthcoming Statutory...
Pensions CalendarCases to be heardThe cases listed below are expected to be heard on the below dates.DateCaseCourtFurther information17 or 18 June...
Acknowledgment of changes to terms and conditions of employment to implement salary sacrifices[insert date of letter]This document summarises certain...
HMRC salary sacrifice clearance letterWealthy TeamHM Revenue & CustomsBX9 1BN[insert date of letter][insert company PAYE reference]Dear [insert...
Letter from employee to company confirming agreement to salary sacrifice[For use only where the employee is foregoing salary for the following...
Option 1—deed executed by administrative receiver under the company’s common seal Executed as a deed by [insert name of company]...
Option 1—deed executed by liquidator under the company’s common seal ...
Qualifying Recognised Overseas Pension Schemes (QROPS)Why use a QROPS?In practice, many Qualifying Recognised Overseas Pension Schemes (QROPSs) are...
Self-invested personal pensions (SIPPs)When personal pensions were first introduced in April 1988, they could only be established by authorised...
Retirement Annuity Contracts (RAC)—older types of personal pension schemesFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase...
Pension commencement lump sums (PCLSs)When a member of a pension scheme becomes entitled to receive their scheme benefits, they can usually take part...
Indexation and revaluation of pensions—changing from RPI to CPIFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal...
What does ‘contracting-out’ mean for pension lawyers?Interaction with the additional State pensionBefore 6 April 2016, there were two levels of State...
Defined benefit (DB) pension schemes—who owns the surplus?THIS PRACTICE NOTE RELATES TO DEFINED BENEFIT OCCUPATIONAL PENSION SCHEMESOne of the most...
How is the National Employment Savings Trust (NEST) different from a typical occupational pension scheme?FORTHCOMING DEVELOPMENT: Section 10 of the...
Stakeholder pension schemes—the legal requirementsFORTHCOMING DEVELOPMENT: On 17 March 2021, the Pensions Regulator (TPR) launched a consultation on...
Tax treatment of pensions—an introductionFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age...
The Electricity Supply Pension SchemeFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA)...
Pensions and divorce in ScotlandThis Practice Note provides a high-level summary of pension sharing orders on divorce in Scotland as they relate to...
Pension bulk transfers—beginners’ guideThis guide is primarily aimed at trainees, newly qualified lawyers and other persons who are new to or...
Types of overseas pension schemesFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA) from...
Case tracker—forthcoming cases—pensionsThe entries in this tracker are organised by topic. These topics are listed in the Table of Contents (to the...
Dealing with pension scheme members who are insistent clientsWhat is an insistent client?The term ‘insistent client’ is commonly used to describe an...
Small self-administered schemes (SSASs)What is a SSAS?Small self-administered schemes (SSASs) are usually registered pension schemes that are set up...
Early leavers—revaluationFORTHCOMING DEVELOPMENT: Section 10 of the Finance Act 2022 will increase the normal minimum pension age (NMPA) from 55 to 57...
The return on a fund in excess of the benchmark return.
An investor is ‘short’ when the exposure to a given asset is less than the level considered neutral.
A distribution arm of a life company which can only advise on the products and services of that company.