In case you missed it, the latest edition of Insights, our employment, benefits and mobility publication, is now out.
Highlighting key critical topics for businesses, Insights includes perspectives from a range of jurisdictions on topical issues:
In case you missed it, the latest edition of Insights, our employment, benefits and mobility publication, is now out.
Highlighting some of the challenges and opportunities facing businesses this year, Insights includes perspectives from a range of jurisdictions on topical issues:
With 2024 now underway, this is the perfect time to check out our Insights publication.
In case you missed it, Insights highlights what’s on the horizon for employers this year across a range of jurisdictions, including the UK, France, Germany, Hong Kong and US, and provides a regional snapshot of the key hot topics
In the latest episode of OPEN Talks (our series of short podcasts focused on diversity, equity and inclusion), Louise Fernandes-Owen, Global PSL for the Employment & Benefits Group, interviews Pensions Partner, Jay Doraisamy, Employment Partner, Christopher Fisher and Pensions Professional Support Lawyer, Katherine Carter about the new Pensions Regulator’s Guidance on Equality, Diversity and Inclusion.
In March
In March 2023, the Pensions Regulator published guidance for trustees and employers on equality, diversity and inclusion (EDI). The guidance explains what EDI is, why it is important for occupational pension schemes to improve EDI in their trustee boards, and how trustees and employers can do so. For more information on the Regulator’s guidance, please
The Pensions Regulator (the “Regulator”) has announced that it will not now consult on a revised defined benefit (“DB”) funding code of practice until late summer 2022.
The Regulator’s current code of practice on DB scheme funding came into force in 2014. In 2020, the Regulator carried out the first of
In the autumn Budget, the Government announced plans to fix a longstanding pension tax issue: the “low earners anomaly”. This is a positive development for low-earning members under “net pay” schemes. For employers it signals that other, less attractive, proposals are no longer on the table.
The Pensions Regulator (TPR) has published a revised version of its code of practice on contribution notices. TPR has updated the code to cover the two new grounds for issuing a contribution notice – the employer insolvency and employer resources tests. The updated code came into force on 25 November.
Continue Reading Contribution notices – updated Pensions Regulator code of practice
The Pension Protection Fund (PPF) is consulting on its draft levy determination for the 2022/23 levy. The PPF currently has a strong funding position. It therefore intends to set the 2022/23 levy estimate at £415 million, £105 million less than in 2021/22. Around 82% of schemes that pay the risk-based levy will see a levy reduction. The consultation closes on 9 November.
Continue Reading Pension Protection Fund levy – lower levies expected in 2022/23
The government is consulting on regulations that (a) make changes to the list of employer notifiable events and (b) prescribe the events affecting a DB scheme employer in respect of which a notice and accompanying statement (often referred to as a “declaration of intent”) must be given to the Pensions Regulator (TPR) and the scheme