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Pensions & Benefits
HMRC’s annual deadline of 31 January for many things tax-related has been a useful reminder that registered pension schemes are required to move over from HMRC’s Pension Schemes Online platform to HMRC’s new Managing Pension Schemes (MPS) service. HMRC refers to this process as migration. Some Background HMRC launched the MPS service in 2018. HMRC...... Continue Reading
February 2026 | Blog
Publication
January 2026 | Europe
Who doesn’t love a good fairground ride? The Pension Schemes Bill certainly caters for every taste. It covers a wide variety of provisions, from thrill-seeking measures intended to capitalise on the vast amount that is saved in UK pension funds, through to measures likely to appeal to a more sedate nature, such as amendments to...... Continue Reading
July 2025 | Blog
With the Pension Schemes Bill on its way in “late Spring”, now might be a good time for trustees to take stock of their trustee agendas and to brush off some items that may have been left to gather dust. A recent Pensions Ombudsman determination serves as a useful reminder that, for most schemes, GMP...... Continue Reading
May 2025 | Blog
Part one of this blog covered the new requirement for company directors (including trustee directors) and persons with significant control to verify their identity with Companies House. They will be able to do this voluntarily from 25 March 2025 (the week during which national cocktail-making day, national cleaning week and international waffle day will be...… Continue Reading The post Waffles, Passports and Trustee Directors – Part Two appeared first on Pensions and Benefits.
February 2025 | Blog
What will you be doing during the third week of March? According to a US website, there will be various celebrations underway. Perhaps you will be making the most of national cocktail-making day, or maybe national cleaning week will grab your attention. (Although, on a personal note, I am happy to say that it is...… Continue Reading The post Waffles, Passports and Trustee Directors – Part One appeared first on Pensions and Benefits.
It’s Yorkshire Day on 1 August and, when I was thinking about this blog, the stereotype of a stingy Yorkshireman came to mind. Not because I think Yorkshire folk are actually stingy. I don’t! I was wondering whether TPR’s powers granted under the Pension Schemes Act 2021 (PSA 21) have made a difference, or whether...… Continue Reading The post Is £1 Million Enough? appeared first on Pensions and Benefits.
August 2024 | Blog
A key deadline is looming under the 2022 Dashboards Regulations, and it is not your pension scheme’s “connect by” date, nor is it the ultimate statutory connection deadline of 31 October 2026. Pension schemes have until 8 August 2024 to apply to extend their deadline for connecting to the pensions dashboards infrastructure beyond the statutory...… Continue Reading The post Pensions Dashboards – Thyme Is of the Essence: How to Meet the 8 August 2024 Deadline appeared first on Pensions and Benefits.
June 2024 | Blog
Environmental, Social and Governance (ESG) is never out of the news for long. With manifestos from the Lib Dems and Labour containing pledges around pension funds being required to align with the Paris Agreement goals, and the Green Party’s manifesto containing a pledge to require the removal of fossil fuel assets from investment portfolios, now...… Continue Reading The post Give Me an ‘E’, Give Me an ‘S’, Give Me a ‘G’! appeared first on Pensions and Benefits.
“The Brexit Freedoms Bill will enable the UK government to remove years of burdensome EU regulation in favour of a more agile, home-grown regulatory approach that benefits people and businesses across the UK”. (Government press release, 22 September 2022) “This has nothing to do with the merits of Brexit. It’s about how we make law...… Continue Reading The post Is the Clock Ticking for UK Pensions Law? appeared first on Pensions and Benefits.
May 2023 | Blog
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