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Spare a thought for your pension administrators

Administering occupational pension schemes is a tough gig. The past few months have seen a steady stream of new legislation which has meant administrators have...

Master trust agenda – Q1 2022

This quarterly bulletin sets out current and future developments affecting master trusts, so you can check what should be on your agenda. Download it here: Mast...

Getting to net zero – May 2022

Practical overviews of topical pensions issues, including checklists, action plans and timelines. Our guides cover risk transfer, ESG and climate change, GMP eq...

TPR publishes annual funding statement 2022 in “turbulent times”

Introduction TPR’s latest annual funding statement was published on 27 April 2022.  As you would expect, TPR focuses on the current period of “significant econo...

Member Communications: Does it need a legal review?

Trustees issue lots of communications to their beneficiaries. Some are day to day comms, others are a one-off. Some go to the whole membership and others go to...

Sackers checklist – GMP equalisation: The conversion process – the questions trustees need to ask – April 2022

Back in 2018, Mr Justice Morgan held in Lloyds No.1 that schemes are under a duty to equalise for the effect of GMPs. Two years later, with Mr Justice Morgan on...

GMPE – The conversion process – the questions trustees need to ask – April 2022

Practical overviews of topical pensions issues, including checklists, action plans and timelines. Our guides cover risk transfer, ESG and climate change, GMP eq...

HMRC publishes GMP equalisation guidance on historical transfers and conversion

Introduction On 6 April 2022, HMRC released further guidance on some of the pensions tax issues associated with equalising benefits for the effect of GMPs. The...

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