This update follows on from the Article we recently published on the many areas of planning that UK employers could usefully carry out in preparation for a return to work. We now have had the announcement from the Prime Minister on Sunday 10 May, and the advisory document, “New Guidance Launched to help get

Each spring, the Pensions Regulator (“tPR”) publishes its Annual Funding Statement on what it expects for defined benefit pension scheme actuarial valuations. With the recent 2020 publication, it is of particular interest to employers because of the COVID-19 pandemic.

Whilst aimed at pension schemes with valuation dates between 22 September 2019 and 21 September 2020, it is also relevant for schemes experiencing significant changes and which have to review funding and investment risk.


Continue Reading TPR Annual Funding Statement 2020

We now have a further updated Guidance Note from HMRC. On 30 April 2020, the Government produced some new guidance on the Furlough Scheme. Contrary to some of the previous guidance updates, these are broadly helpful in clarifying some areas of uncertainty.

We have written a short report on the changes, which is available from

Not very seriously, appears to be the answer. Indeed, despite the Lord’s scathing Report being published on Monday 27 April, later that day, the financial secretary to The Treasury, Jesse Norman, told the Commons that the Government still intends to include an amendment to enable the private sector off-payroll scheme to be enacted in the

“Riddled with problems, unfairness and unintended consequences”  was The Lords’ verdict in a Report published on Monday on the ‘off –payroll rules’ (the “Rules”) which the Government had proposed introducing on 6 April 2020. The Report is a good read and echoes what many of us have been saying for some time about the introduction

The UK Government has relaxed the Working Time Regulations 1998 (“WTR“) on carrying over untaken annual leave due to the effects of COVID-19. Under the Amendment Regulations, workers will now be able to carry over untaken annual leave into the next two leave years where they have been unable to take it due

In the fifth round of updates from GOV.UK to the UK Furlough Scheme, both the Employee Guidance Note, “Check if your Employer can use the Coronavirus Job Retention Scheme”, and the Employer Guidance Note, “Check if you can claim for your Employees’ wages through the Coronavirus Job Retention Scheme”, were updated

This morning we have had the first report from HMRC on the operation of the Furlough Scheme. It is in the form of a tweet. It reports that 185,000 claims have been submitted covering 1,300,000 employees. So a lot of employees are benefitting from the Scheme. A lot of employers are, also doubtless, making

In line with its recently discovered penchant for updating the Furlough Scheme, the most recent Government guidance (the 4th) was published on Friday, 17 April, and in some ways manages the quite tricky task of publishing clarifications that make the Furlough Scheme less clear than it was before in some respects. An update on the