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A round up of pensions developments: June 2014

United Kingdom - July 3 2014 Following its consultation last year on a revised Code of Practice on defined benefit (DB) funding, the Pensions Regulator has issued the final…

Alison Brown, Samantha Brown, Daniel Schaffer, Naveed Soomro

The change to the definition of money purchase benefits - implications for pension schemes

United Kingdom - June 6 2014 Implications for pension schemesSchemes that have treated benefits as money purchase in the past will need to address the impact of section 29 going…

Alison Brown, Daniel Schaffer

Round up of pensions developments: May 2014

United Kingdom - June 3 2014 The most significant change to be implemented under the Act is the reform of the State Pension, from the current two tier to a single tier system…

Alison Brown, Samantha Brown, Daniel Schaffer, Naveed Soomro

Round up of pensions developments: April 2014

United Kingdom - May 2 2014 Following the changes announced in the Budget 2014, HMRC has issued a statement that where a member has taken a pension commencement lump sum (PCLS)…

Alison Brown, Samantha Brown, Daniel Schaffer, Naveed Soomro

High Court holds that thirty pension deeds were ineffective and that scheme members were not 'estopped' from denying that those deeds were valid

United Kingdom - May 1 2014 In Christopher James Briggs & others and Gleeds (Head Office) and Gleeds (UK) and others [2014], the High Court has held that members of the Gleeds…

Alison Brown, Samantha Brown, Daniel Schaffer, Naveed Soomro