08 Dec 2013

Pensions snapshot - December 2013


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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Graham Wrightson

Graham Wrightson

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