July 2024 Pensions Law Update
In this update, we continue to examine the potential impacts of the upcoming general election on pension schemes, focusing on key proposals around ESG and public service pensions. We also cover recent cyber security events, changes by the Pensions Ombudsman, and preparations for pensions dashboards
02 July 2024
June 2024 Pensions Law Update
This month our focus is on the recently called General Election and what it might mean for pensions generally and various ongoing pensions policies and initiatives. We also look at recent TPR activities, cyber risks post Capita and the recent BBC Pension Scheme cyber incident, an interesting TPO equalisation determination and highlights of our fabulous Edinburgh pensions drinks reception
07 June 2024
Pension Schemes ESG Tool
Our interactive guide aims to simplify ESG requirements for UK pension schemes for scheme trustees and sponsoring employers
20 May 2024
May 2024 Pensions Law Update
This month we’re shining a spotlight on pensions and ESG, as well as celebrating the launch of the latest versions of both our ESG and International Triage tools. We also look at this year’s annual funding statement from the Pensions Regulator, the increasing focus on value for money in DC schemes, and the recent FCA response to complaints from former members of the British Steel Pension Scheme
13 May 2024
Latest Update to the Burges Salmon Triage Tool in respect of UK Pensions for International Companies
The updated tool includes guidance on the new Funding and Investment Strategy Regulations
23 April 2024
April 2024 Pensions Law Update
In this Easter edition, you will find the latest updates in relation to the Lifetime Allowance abolition, TPR’s General Code, pensions dashboards, cyber security, data transfers and ESG. There are also articles on AI and pensions, reform of Scottish trust law and PO determinations
10 April 2024
Burges Salmon announces further expansion to Pensions and Lifetime Savings team
Firm appoints Steven Hull and Chris Brown as new partners in its Pensions and Lifetime Savings team
25 March 2024
March 2024 Pensions Law Update
In this bumper edition, we round up the latest on the Mansion House reforms, and look in detail at the new DB Funding and Investment Strategy Regulations. There are also articles on the changes at TPR and Companies House, the response to the General Levy consultation and more
14 March 2024
International Data Transfers: Actions for pension schemes
Where data is transferred internationally, contracts should be updated by 21 March 2024. If action is not taken (including by pension schemes), there may be a technical breach of UK GDPR
12 March 2024
Finally here: The DB Funding and Investment Strategy Regulations - key points and actions
The final DB Funding and Investment Strategy Regulations are here. Whilst there are still related parts missing like the Code, here are the key points / actions
23 February 2024
February 2024 Pensions Law Update
In this month’s newsletter, we look at some of 2024’s key developments so far including the Pensions Regulator’s new General Code, the new Funding & Investment Regulations for defined benefit schemes, and the abolition of the lifetime allowance
19 February 2024
Actions to take on reform of the Lifetime Allowance
The Lifetime Allowance is being abolished with effect from 6 April 2024 and there are key actions that need to be taken now in preparation by trustees, sponsors, providers and scheme administrators.
09 February 2024