TUPE – Pension Protection Relaxations

    View Authors April 2014

    Legislation is due to come into force on 6 April 2014 changing the pension benefits that must be offered to employees transferring to a new employer where the Transfer of Undertakings (Protection of Employment) Regulations 2006 apply to the transfer.

    The changes represent a helpful relaxation for employers, who may be able to benefit from cost savings.

    Employers contemplating a TUPE transfer should note the pending change in legislation and seek legal advice on the impact of the new pension protection rules.