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Increasing normal minimum pension age to 57: consultation

United Kingdom - March 16 2021 HM Treasury and HMRC are consulting on the implementation of the increase to normal minimum pension age (NMPA) from 55 to 57 from 2028. The…

Duncan Buchanan, Edward Brown, Faye Jarvis, Katie Banks.

New offences, penalties, powers for the Pensions Regulator: what employers and trustees should know

United Kingdom - March 16 2021 After the Carillion and BHS debacles, the Pensions Regulator (tPR) announced it was going to be "clearer, quicker and tougher". The new Pension…

Duncan Buchanan, Edward Brown, Faye Jarvis, Katie Banks.

COVID-19: DC pension transfers where investment is gated

United Kingdom - January 11 2021 The Pensions Regulator has updated its COVID-19 defined contribution (DC) management and investment guidance by adding a section on dealing with…

Duncan Buchanan, Edward Brown, Faye Jarvis, Katie Banks.

Equalisation of Guaranteed Minimum Pensions (GMPs): what about transfers out?

United Kingdom - December 18 2020 A further judgment from the High Court has clarified what pension schemes must do in relation to previous transfers out after 17 May 1990 (the date of…

Duncan Buchanan, Edward Brown, Faye Jarvis, Katie Banks.

LIBOR changes: what pension trustees should know

United Kingdom - November 20 2020 Significant changes are taking place to certain inter-bank offered rates (IBORs) commonly Used as interest rates in derivatives and other financial…

Duncan Buchanan, Edward Brown, Faye Jarvis, James Doyle, Jennifer O'Connell, Katie Banks.