We all appreciate that pension schemes are increasingly coming onto the radar in the fields of data breaches and cyber controls, just as much as large corporations, government bodies and the financial services sector more widely. The...
Discussions about trustee protection used to be pretty straightforward. Employers were mostly content to give, and trustees to rely on, a broad indemnity both during the life of the scheme and following wind up. Members would get their...
Equalising benefits, particularly for the effects of unequal Guaranteed Minimum Pensions (“GMP equalisation”) has, for some time, been a pre-condition for insurers converting a buy-in policy in the name of the trustees to individual...
The current commercial property “eviction ban” (more accurately, but less headline-grabbing, it’s a moratorium on a landlord’s right of re-entry or forfeiture for non-payment of rent) is due to expire at the end of March. It has...
New guidelines on reporting data breaches were published in draft form in January this year by the body in charge of data protection rules in the EU (the “EDPB”). These new guidelines aren’t likely to apply to controllers who mainly...
So, the much discussed Pension Schemes Bill has finally received Royal Assent and we will now start to see the Pensions Regulator’s (TPR) new powers in practice. Or will we? In the past, TPR has been criticised for using its powers...
Pension scams have once again been in the news over the last few weeks as it has been reported that since the “pension freedoms” were introduced in 2015, approximately 40,000 people in the UK have been scammed out of their...
As life moves increasingly online, many trustees will be looking to set up or develop their scheme website. Communications specialists will clearly take the lead on a website project, but there are good reasons why trustees should also...
As we approach a year of working almost exclusively from home, it feels like a good time to reflect on how we’ve adapted to managing projects for clients in a remote environment. What have we learned and how can we keep things moving...
When it wasn’t equalised – doh! OK, yes it was still a transfer, but the latest ruling by Mr Justice Morgan in the Lloyds Bank GMP equalisation saga is bound to cause yet more headaches for schemes already trying to grapple with the...
