by Gail Higgins | May 3, 2019 | Uncategorized
The Department for Work and Pensions (“DWP”) has published guidance to clarify how schemes may use conversion of Guaranteed Minimum Pensions to achieve equal benefits for men and women. Background The DWP had published a description of the methodology in November...
by Gail Higgins | Apr 19, 2019 | Uncategorized
The Government has decided to offer a new type of employer-sponsored pension scheme that will entail all the members sharing the risks. Collective Defined Contribution (“CDC”) will be schemes with a target level of benefit where the contributions are fixed. ...
by Gail Higgins | Apr 5, 2019 | Uncategorized
Summary In the case of KeyMed v Hillman the High Court has confirmed that trustees have no fiduciary duty to the sponsoring employer, although they may properly consider the employer’s interests where those do not conflict with the interests of the scheme members or...
by Gail Higgins | Mar 29, 2019 | Uncategorized
Summary The Pensions Regulator has published its annual funding statement, providing guidance for those schemes whose actuarial valuation dates fall between 22 September 2018 and 21 September 2019, although it should be of interest to other schemes as well. This...
by Gail Higgins | Mar 22, 2019 | Uncategorized
The Competition & Markets Authority (“CMA”) published its final report on its market investigation into investment consultancy in December. The Government has now responded. Pure investment consultancy The CMA’s final report confirms that this market is not...
