Everyone knows that pensions are really complicated, right? Joining a trustee board for the first time therefore can, understandably, be pretty daunting. If you are thinking about applying to become a trustee, have just agreed to take on...
Gay Pride means a lot of different things to me, but one of the most important is the impetus that it gives me each year to pause and reflect. Often, I think about the LGBTQ+ community’s past struggles for equality which have allowed...
DWP’s self-imposed deadline for a review of the 2021 transfer conditions regulations has passed and their report could be published any day now. In readiness for this, we’ve set out our thoughts as to how the new regime has been...
Describe the qualities commonly associated with being a lawyer. I bet “caring” isn’t one of them. Now think of the questions you imagine a lawyer is likely to ask. “How are you feeling?” won’t be on the...
Many pension schemes have recently experienced substantial reductions in their funding deficits, which means schemes are looking to secure some or all of their liabilities with insurers. From an employer perspective, the decrease in the...
The key to all good sagas is a little longevity. A fast start, plenty of meandering and then a crescendo finish. Something like that, anyway. Take the new DB funding regime. The idea of tougher standards was catapulted into pensions...
It’s been hard to miss that pensions was a key area in the Spring Budget, but in all the excitement, it can be easy to lose track of exactly what’s changing. So here is a quick recap of those changes, along with a reminder of...
Like many pensions lawyers, I have spent much of my career talking about underfunded defined benefit schemes – section 75 debts, recovery plans, deficit reduction contributions, covenant, contingent assets, PPF entry, journey...
While I very much doubt that Jeremy Hunt considered the impact of abolishing the LTA on GMP equalisation and conversion, the ramifications of the recent Budget announcement could be fairly significant for GMP equalisation exercises and...
If there are two things we know to be complicated; they are pensions and relationships. The marriage rate is falling. Divorce is on the rise. People are living longer lives (and spending a greater proportion of those lives living with...
