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New DB funding code laid in Parliament

Introduction After months of speculation, the final draft DB funding code (“the Code”) was laid before Parliament today, with TPR hailing it as “a key mil...

Court of Appeal upholds High Court’s Virgin Media decision on failure to obtain a s37 confirmation

Introduction On 25 July 2024, in the case Virgin Media v NTL Pension Trustees II Limited (and others), the Court of Appeal upheld the High Court’s 2023 decision...

PSIG consultation: evolution or extinction?

Background On 1 May 2024, the Pensions Scams Industry Group (“PSIG”) issued a consultation to determine the future of the organisation. In this response General...

Pensions tax – transitional tax-free amount certificates

6 April 2024 (“LTA-Day”) marked the end of the LTA and the debut of two new tax-free lump sum allowances: the “lump sum allowance” (...

WEBINAR : Sackers Quarterly Legal Update – 18 July 2024

Claire Carey provides an essential overview of significant developments affecting occupational pension provision in the UK, which includes taking a look at what...

General Code Corner – Internal Dispute Resolution Procedure (IDRP)

An IDRP is part of a scheme’s core governing policies. However, is your scheme’s policy compliant with the statutory and General Code requirements? Most occupat...

Pride in Pensions: What should trustees and providers be doing to support trans and non-binary members?

In a first for a UK census, the 2021 England & Wales census asked the public to record their sexuality and gender identity and over 250,000 people living in...

The General Code – Trustee remuneration policy – putting pen to paper

It’s time for schemes to put pen to paper and document their policy on remuneration. While recent blogs in our General Code Corner have looked at working out wh...

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