Like many pensions lawyers, I have spent much of my career talking about underfunded defined benefit schemes – section 75 debts, recovery plans, deficit reduction contributions, covenant, contingent assets, PPF entry, journey...
While I very much doubt that Jeremy Hunt considered the impact of abolishing the LTA on GMP equalisation and conversion, the ramifications of the recent Budget announcement could be fairly significant for GMP equalisation exercises and...
If there are two things we know to be complicated; they are pensions and relationships. The marriage rate is falling. Divorce is on the rise. People are living longer lives (and spending a greater proportion of those lives living with...
Being a trustee is hard. And it’s getting harder. So it’s more important than ever to find the right people for the job in terms of skills, experience, motivation and commitment. However, unless they bite the bullet and move to a sole...
For scientists and science fiction fans out there, the idea of portals brings amazing possibilities of exploration of space and time. Although not quite so out of this world, pensions member portals are now starting to revolutionise the...
Hopefully you’ve already read our recent blog on the key dashboard decisions that should be on a trustee board’s agenda for 2023 and all will go well on this challenging project. But what if things don’t go as planned? Late last...
With the largest pension schemes set to connect to the dashboards ecosystem from August, and dashboards finally gaining attention in the mainstream media, we predict that 2023 will be the year of the pensions dashboard. What does this mean...
Smaller DC schemes face growing pressure to consolidate. Increasing regulatory requirements, and associated running costs, can make master trusts and group personal pension plans attractive alternative propositions. Small schemes are a...
