Showing 169-180 of 289 results

MiFID II: key issues for trustees of occupational pension schemes

MiFID II overhauls the legal and regulatory framework for investment services. We consider the impact on UK occupational pension schemes and the action trustees should take.
03 January 2018

Case study

Silentnight pension scheme: looking to help thousands in retirement

With headline news and government promises of new laws to protect people in retirement, suddenly pensions are being pushed centre stage.
29 December 2017

Pension trustees have demanding new record keeping duties under anti-money laundering law

Trustees are required to keep up-to-date data on individual scheme beneficiaries and, in some cases, to file data about classes of beneficiaries with HMRC.
23 November 2017

VAT and DB pension schemes: HMRC review confirms current rules

Current rules about when an employer can recover VAT on services to its DB pension scheme will continue to apply in future alongside other options if suitable in particular cases.
09 November 2017

Pension scheme investment: ESG factors and the new role of member engagement

The Law Commission's report highlights the ever greater role of environmental, social and governance factors in investment. Trustees will increasingly need to engage with members on these issues.
06 October 2017

What is a professional trustee? The Pensions Regulator has clarified its definition

The Pensions Regulator expects more of professional trustees than of their lay colleagues and is likely to impose heavier sanctions for underperformance. It matters which side of the line you stand.
03 October 2017

Investment consultancy probe: FCA makes first market investigation referral to CMA

The FCA has referred the investment consultancy market to the CMA for an in-depth review. This is the first time the FCA has used its powers to make such a reference.
29 September 2017

New controls on member-borne charges and early exit costs from 1 October

Early exit costs are controlled for the first time in trust based schemes and the end comes into sight for charging structures that leave members paying for services to the employer.
31 August 2017

Employer duties: Court of Appeal decisions signal a more pragmatic approach

The court has ruled on how employers’ duties to employees affect pension obligations. These cases are important for employers who have taken action to manage final salary pension liabilities.
14 August 2017

Pension trustees in new money laundering quandary over the ownership of assets

Trustees need official clarification (promised by HMRC) on their duties under new anti-money laundering measures. Professional trustees may need to register with a supervisory authority.
01 August 2017

Victory for equality: same survivor pensions in all marriages and civil partnerships

Pension schemes must not treat the survivor of a same sex marriage or civil partnership differently from the survivor of a heterosexual marriage.
20 July 2017

GDPR: pension trustees need to act in response to coming changes in data protection law

UK data protection law will change from 25 May 2018 to make it fit for a digital era. The changes are driven by EU law but will go ahead in the UK whatever form Brexit takes.
21 June 2017

The Burges Salmon blog

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