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The impact of COVID-19 on member complaints

The impact of COVID-19 is widespread and significant, presenting challenges for trustees and employers in relation to members’ benefits. There is clearly the po...

DB scheme funding and investment: TPR’s COVID-19 guidance for trustees

Update: On 16 June 2020, TPR published a “major rewrite” of this Guidance, designed to consolidate various strands of its guidance, to provide an update on TPR’...

Budget Day 2020

Introduction After only a few weeks in the job, the Chancellor, Rishi Sunak, today delivered his first Budget. Whilst much of his focus was on shoring up the NH...

ESG and climate change for pension funds

Environmental, Social and corporate Governance (ESG) factors in pension scheme investing continue to dominate headlines and trustee duties. Our new guide for 20...

DC briefing – March 2020

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Future of trusteeship and governance revealed The Pension...

TPR publishes first part of consultation on revised code for scheme funding

Introduction Today, TPR published the first stage of a “major” consultation on its revised code of practice for DB funding. Running to 175 pages, this first con...

Buy-ins, buy-outs and longevity solutions

A guide for trustees 2020 2019 was another record-breaking year for the industry and we are delighted to have advised on some of the most significant transactio...

HMRC releases GMP equalisation tax guidance

Introduction On 20 February 2020, HMRC released long-awaited guidance (“the Guidance”) on some of the pensions tax issues arising when equalising benefits for t...

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