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Trustee knowledge update - November 2012
  • CMS Cameron McKenna
  • United Kingdom
  • November 20 2012

Queries have recently arisen as to whether occupational pension scheme trustees may have duties under this Act

Trustee knowledge update - February 2014
  • CMS Cameron McKenna
  • United Kingdom
  • February 12 2014

Trustees of occupational pension schemes now have a statutory duty to ensure that they have an adequate knowledge and understanding of the legal

Collective defined contribution pension schemes
  • Norton Rose Fulbright LLP
  • United Kingdom
  • July 28 2014

For those in the pensions industry, the overwhelming theme of the UK Budget 2014 was to liberalise ways in which defined contribution (DC) benefits

Queen's speech suggests further employment law changes
  • Dentons
  • United Kingdom
  • July 25 2014

On 4 June 2014, the Queen outlined the Government's legislative proposals for the year, which aim to be "pro-work, pro-business and pro-aspiration"

Representative transactions
  • Ogier
  • United Kingdom
  • April 11 2013

Due to the sensitive nature of the arrangements administered by the Performance & Reward Management Team, client details must remain confidential

‘Super priority’ of financial support directions overturned in Supreme Court of England and Wales
  • Reed Smith LLP
  • United Kingdom
  • July 24 2013

The Supreme Court has today allowed an appeal against the decision of the Court of Appeal (14 October 2011) which, in certain circumstances in an

UK Supreme Court throws out the Nortel and Lehman pension baby claims with the bathwater
  • Bracewell LLP
  • United Kingdom
  • July 24 2013

While the arrival of His Royal Highness Prince George Alexander Louis of Cambridge has dominated the British (and the world) headlines this week, the

Freedom and choice in pensions: what the Government has decided
  • Bond Dickinson LLP
  • United Kingdom
  • July 28 2014

On 21 July 2014, the Government announced its response to its consultation Freedom and choice in pensions. The paper outlined how proposals announced

DC pensions flexibility: Government consultation response published
  • Mayer Brown LLP
  • United Kingdom
  • July 21 2014

In the 2014 Budget, the Government announced what it called "the most fundamental reform to the way people access their pensions in almost a century"

UK FSA consults on new capital regime for self-invested personal pension (SIPP) operators
  • Herbert Smith Freehills LLP
  • United Kingdom
  • November 23 2012

Given the substantial growth of the SIPP market (both in terms of assets under administration (AUA) and range of assets held) since 2007 when SIPPs first came into the scope of FSA regulation, the FSA is concerned that if operators do not have sufficient financial resources, consumers may be harmed if the wind-down is funded by a charge on clients’ assets, and clients may also be subject to a tax charge by HMRC to realise their assets within the SIPP