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The High Court decides – how to solve a problem like GMP equalisation

Introduction The High Court handed down its highly anticipated decision in Lloyds Banking Group Pensions Trustees Ltd v Lloyds Bank plc and others on 26 October...

IORP II – green light for good governance

Introduction On 23 October 2018, the DWP published two sets of regulations designed to implement the second European Pensions Directive (“IORP II”) – the Occupa...

DC briefing – October 2018

The DC briefing (PDF) highlights topical news on DC pensions from a legal viewpoint. In this briefing: Investment changes confirmed Retirement outcomes update T...

DC hot topic: Exiting the DC master trust market

The arrival of the master trust authorisation regime has focused trustees’ and employers’ minds on the future of any DC non-associated multi-employer schemes th...

The 2019/20 PPF levy consultation

Introduction The PPF has published a consultation and draft levy rules which set out the basis on which it intends to charge the pension protection levy for the...

DC hot topic: Transferring to a DC master trust – key issues

With the increased focus on governance of DC benefits it can be expensive and time consuming to meet all the regulatory expectations in an employer’s own occupa...

DC hot topic: Master trust authorisation

The law relating to master trust authorisation comes into full effect from 1 October 2018.  All DC master trusts must apply for authorisation by 1 April 2019, o...

Government response: clarifying and strengthening trustees’ investment duties

Introduction On 11 September 2018, the DWP published a response to the consultation on changes to the Occupational Pension Schemes (Investment) Regulations 2005...

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