08 Dec 2013

Pensions snapshot - December 2013

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This edition of snapshot summarises some of the key legal and regulatory developments that occurred during November in relation to occupational pension schemes. The topics covered in this edition are:

  • Regulator's Code of Practice for trust-based DC schemes is published
  • New revaluation order published
  • Pensions Ombudsman case (Smyth): Employer sanctioned for failure to make contributions on time
  • Regulator publishes updated guidance on auto-enrolment
  • Pensions Ombudsman case (Tuttle): incorrect benefits quotation and duty to mitigate loss
  • Consultation by DWP on the definition of "money purchase"
  • Regulator publishes guidance for trustees on asset-backed contributions

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KEY CONTACT

Graham Wrightson

Graham Wrightson
Partner

T:  +44 20 7809 2557 M:  +44 7826 945 534 Email Graham | Vcard Office:  London