12 Nov 2013

Pensions snapshot - November 2013

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

  • Regulator issues warning on offsetting scheme funding payments against exit debts
  • Status of pension liberation schemes determined by High Court
  • HMRC take more robust stance on pensions liberation
  • Oversight on amendment formalities leads to new £47 million funding strain
  • Auto-enrolment simplification
  • Public sector outsourcing: shake up of "Fair Deal" requirements
  • Ombudsman criticises trustees' "half-hearted" attempts to administer death benefit

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Graham Wrightson

Graham Wrightson
Partner

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