http://www.out-law.com/en/ Latest legal news on pensions from OUT-LAW.COM, part of international law firm Pinsent Masons en-gb Pinsent Masons LLP Wed, 19 Jun 2013 03:21:25 +0100 http://www.out-law.com/en/articles/2013/june/ppf-reports-record-reduction-in-pension-scheme-deficits-last-month/ http://www.out-law.com/en/articles/2013/june/ppf-reports-record-reduction-in-pension-scheme-deficits-last-month/ Pensions Rising bond yields resulted in the largest recorded one-month improvement in the deficits of UK businesses' defined benefit (DB) pension schemes, according to the latest figures. Wed, 12 Jun 2013 16:05:00 +0100 http://www.out-law.com/en/articles/2013/june/regulator-tones-down-pensions-contribution-monitoring-guidance-but-declines-to-carry-out-an-impact-assessment/ http://www.out-law.com/en/articles/2013/june/regulator-tones-down-pensions-contribution-monitoring-guidance-but-declines-to-carry-out-an-impact-assessment/ Pensions New Codes of Practice which will make pension providers and trustees partly responsible for ensuring that employers pay the right amounts on time have been published by the Pensions Regulator. Fri, 07 Jun 2013 09:00:00 +0100 http://www.out-law.com/en/articles/2013/may/new-solvency-rules-for-pension-funds-will-not-be-included-in-iorp-directive-reforms-says-eu-commissioner/ http://www.out-law.com/en/articles/2013/may/new-solvency-rules-for-pension-funds-will-not-be-included-in-iorp-directive-reforms-says-eu-commissioner/ Pensions New EU pensions laws will not set out new requirements in relation to the solvency of pension funds, an EU Commissioner has confirmed. Fri, 24 May 2013 17:31:00 +0100 http://www.out-law.com/en/articles/2013/may/trustees-and-pension-providers-should-use-reporting-protections-to-help-fight-liberation-fraud-says-expert/ http://www.out-law.com/en/articles/2013/may/trustees-and-pension-providers-should-use-reporting-protections-to-help-fight-liberation-fraud-says-expert/ Pensions FOCUS: Those responsible for pension funds and management should make use of special provisions to protect them from prosecution in relation to pensions liberation fraud.  Fri, 17 May 2013 17:39:00 +0100 http://www.out-law.com/en/articles/2013/may/balance-sheet-test-for-insolvency-must-take-account-of-wider-commercial-context-says-supreme-court/ http://www.out-law.com/en/articles/2013/may/balance-sheet-test-for-insolvency-must-take-account-of-wider-commercial-context-says-supreme-court/ Pensions Courts must look beyond the assets and liabilities used to prepare a company's statutory accounts when deciding whether or not a company is balance sheet insolvent, the Supreme Court has ruled. Mon, 13 May 2013 17:15:00 +0100 http://www.out-law.com/en/articles/2013/may/abi-points-to-pension-investment-decision-risks-if-consultancy-charging-ban-is-implemented/ http://www.out-law.com/en/articles/2013/may/abi-points-to-pension-investment-decision-risks-if-consultancy-charging-ban-is-implemented/ Pensions The Association of British Insurers (ABI) has criticised the Government's plans to prohibit consultancy charging in the auto-enrolment programme. Mon, 13 May 2013 16:40:00 +0100 http://www.out-law.com/en/articles/2013/may/pension-scheme-consultancy-charges-to-be-banned-in-first-stage-of-government-crackdown/ http://www.out-law.com/en/articles/2013/may/pension-scheme-consultancy-charges-to-be-banned-in-first-stage-of-government-crackdown/ Pensions Consultancy charges are to be banned for pension schemes used in auto-enrolment, the Government has announced, in the first of a number of actions it plans to take to tackle "high and inappropriate" pension charges. Mon, 13 May 2013 09:22:00 +0100 http://www.out-law.com/en/articles/2013/may/supreme-court-ruling-on-trustee-mistakes-likely-to-create-uncertainty-says-expert/ http://www.out-law.com/en/articles/2013/may/supreme-court-ruling-on-trustee-mistakes-likely-to-create-uncertainty-says-expert/ Pensions A Supreme Court ruling on the circumstances in which courts can set aside decisions made wrongly by trustees is "likely to create uncertainty" due to the subjective nature of the test, an expert has said. Fri, 10 May 2013 16:49:00 +0100 http://www.out-law.com/en/articles/2013/may/pensions-regulator-taking-more-pragmatic-approach-to-scheme-funding-says-expert/ http://www.out-law.com/en/articles/2013/may/pensions-regulator-taking-more-pragmatic-approach-to-scheme-funding-says-expert/ Pensions A new statement from the Pensions Regulator indicates that it is taking "a more pragmatic approach" to the funding of defined benefit (DB) pension schemes by employers, an expert has said. Thu, 09 May 2013 14:49:00 +0100 http://www.out-law.com/en/articles/2013/may/early-auto-enrolment-opt-outs-lower-than-expected-says-towers-watson/ http://www.out-law.com/en/articles/2013/may/early-auto-enrolment-opt-outs-lower-than-expected-says-towers-watson/ Pensions Fewer workers than expected have opted out of pensions schemes in which they were automatically enrolled under new legislation, according to consultants Towers Watson. Wed, 08 May 2013 14:43:00 +0100