Workplace pensions : sharing experience

17 February 2020 - Jason Shaw

Benefit change projects are complex, and the risk of complaints or challenges has to be managed at all stages. The Pensions Ombudsman has recently published an interesting decision about an unusual practice for the revaluation of accrued final salary benefits after a benefit change project. In this case, the scheme had been amended in 2017 › Read More

25 July 2019 - Caroline Overton

The perennial question of how much information should be given to members pops up to vex employers and trustees from time to time. Generally, it is possible for trustees and employers to steer a careful course between complying with statutory disclosure obligations and avoiding the pitfalls of providing tax or financial advice. This month, however, › Read More

19 March 2019 - Amy Priestley

Pension schemes are complex and even the best-run schemes have to deal with complaints. When advising on complaints being considered under a scheme’s internal dispute resolution procedure (IDRP), I’m often asked ‘should we offer compensation?’ and, if so, ‘how much?’. › Read More

26 April 2018 - Helen Powell

One of the questions that comes up most frequently in relation to auto-enrolment is whether proposed action by an employer might breach the ban on inducing workers to opt out of pension saving. This comes up in the context of employers wanting to offer flexible benefit arrangements, so that workers can arrange particular elements of › Read More

06 July 2017 - Caroline Overton

The settlement agreement reached in relation to the BHS pension schemes, followed by the publication last week of the Pensions Regulator’s regulatory intervention report, may mark the end of the long-running, high-profile BHS pensions saga. This is therefore an appropriate moment to take a step back and consider what these milestones mean in practice. › Read More