Quarterly Briefing


Contents

The September, 2008 Quarterly Briefing (PDF, 266 KB) highlights significant developments in pensions law, covering key areas such as pensions reform, regulatory developments, new legislation and cases.

Finance Act 2008

  • Royal Assent
  • The Registered Pension Schemes (Authorised Payments) Regulations 2008

Companies Act 2006

  • Conflicts of interest

Pensions Bill 2008

  • Update

Protected rights

  • SIPPs can hold protected rights

Maternity and Adoption Rights

  • No change
  • HMRC guidance on salary sacrifice and maternity leave

Risk sharing

  • Consultation launched

HM Revenue & Customs

  • HMRC u-turn on anti-money laundering
  • Pensions for adult dependant children

The Pensions Regulator

  • Draft guidance for trustees on the new transfer value requirements
  • Delayed introduction of longevity changes
  • Consultation on record keeping
  • Guidance: relations with advisers
  • Q&A for DC schemes

Personal Accounts Delivery Authority

  • Charging structure for personal accounts

Miscellaneous

  • Financial Reporting Standards – Consultation
  • Equitable Life Report: A decade of regulatory failure

Cases

  • Birgit Bartsch v Bosh und Siemens Hausgerate (BSH) Altersfursorge GmbH
  • MacCulloch v ICI plc
  • Swann v GHL Insurance Services UK Ltd
  • Hearn v Dobson
  • Hedley v Pearl Group Limited