New & Recently Amended Documents

The following list is a selection of materials added to, or recently amended, on Perspective.

30 September 2020
2020 USAAlameda County Deputy Sheriff's Association v Alameda County Employees' Retirement Association [Benefits - Amendments - Modification - Local government employees - Whether change of benefits by statute was constitutional -Redefinition of pensionable earnings - Pensions spiking]
29 September 2020
Eversheds Sutherland: Speedbrief 28 September 2020  – UK Pensions Speedbrief: Things to Think About when Transferring Member Data Overseas
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) September 2020  – Pension Schemes Newsletter 124 [psn124]
28 September 2020
Eversheds Sutherland: Speedbrief 21 September 2020  – DC Schemes: Value for Members in Small Schemes and Investment Return Reporting
House of Lords (October 2014 onwards): Proceedings Relating to Secondary and Other Legislation 16 September 2020  – Pension Protection Fund (Moratorium and Arrangements and Reconstructions for Companies in Financial Difficulty) Regulations 2020 (16 September 2020)
House of Commons (October 2014 onwards): Standing/General Committee Meetings 7 September 2020  – Draft Pension Protection Fund (Moratorium and Arrangements and Reconstructions for Companies in Financial Difficulty) Regulations 2020 (7 September 2020)
25 September 2020
2020 USALyn M v Premera Blue Cross [Plan documents - Disclosure - Summary plan documents - Whether duty of plan administrator to disclose documents affecting possible judicial review - Whether administrator's discretion should be disclosed]
The Pensions Regulator: Guidance - COVID-19 (Coronavirus)  – COVID-19: An Update on Reporting Duties and Enforcement Activity Update to 'Schemes in Relationship Supervision' section
24 September 2020
2020 USAFalberg v The Goldman Sachs Group [Investments - Fiduciary obligations - Investment in sponsor-managed funds - Whether breach of fiduciary duty]
23 September 2020
2020 USAOverstreet v Kentucky Retirement Systems [Investments - Hedge funds - Risk - Whether court can mandate degree of risk - Locis standi]
22 September 2020
Department for Work and Pensions: Pension Reform (Security in Retirement/Workplace Pension Reforms)  – Automatic Enrolment: Alternative Quality Requirements for Defined Benefit and Hybrid Schemes Being Used as a Workplace Pension
21 September 2020
2020 USAGCIU-Employer Retirement Fund v Coleridge Fine Arts [Deficits - Funding - Contributions - Liability of parent company - Whether trustees had rights to recover from overseas parent - Jurisdiction]
18 September 2020
Allen & Overy LLP: eAlerts 14 September 2020  – DC Governance, Investment and Consolidation: More Changes Ahead
2020 USAMartin v CareerBuilder [Fiduciary obligations - Fees - Administration - Whether fees excessive - Excessive or unreasonable compensation - Investments - Investment options]
17 September 2020
Burges Salmon: Burges Salmon Legal Update 7 September 2020  – Pensions Risks on Distressed M&A (and How to Mitigate Them)
Pensions Policy Institute: PPI Briefing Note Number 123  – What Does COVID-19 Mean for the Triple Lock and State Pension Inflation?
2020 CADelve v Secretary of State for Work and Pensions (WASPI) [State pensions - State retirement age - Increase in state pension age for women - Whether unlawful]
Pendragon: Pensions Reference Materials  – Statistics and Other Information [stats] CPI and RPI figures updated together with inflation rates (Tables 17A and 17B)
16 September 2020
2019 ChSpeed v Teachers Pensions [Ill-health pension - Depression - Obligation to apply for pension - Obligation to provide evidence of ill-health - Burden of proof]
15 September 2020
Pendragon: Directory of Topics  – How to Access and Search Ombudsman Determinations by Topic [topic] You can use this document to access Ombudsman determinations by Topic; simply click on your preferred Topic from the list of Topics and Perspective will search for all the determinations relevant to that Topic.
Government Actuary's Department: LGPS (Scotland) Guidance 14 August 2020  – Individual Incoming & Outgoing Transfers
Home Office: Public Service Pensions (Consultations)  – Guidance on the Public Service Pension Schemes Consultation
2020 CASafeway v Newton [Equal treatment - Discrimination - 'Barber window' - Whether deed amending equal treatment provisions can operate retrospectively - Conflict of laws - Whether UK law operates to remedy EU law]
Perspective Tips [tips] New tip relating to "How to Access and Search Ombudsman Determinations by Topic"
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 15 September 2020 with nine schemes added and two schemes removed
14 September 2020
Allen & Overy LLP: What's New This Week 14 September 2020  – [ICO Fine for Pensions Cold Calls - Consultation: Obligations for Pensions Actuaries]
Department for Work and Pensions: Investment (Innovation)  – Improving Outcomes for Members of Defined Contribution Pension Schemes
11 September 2020
10 September 2020
2020 USAMarks v Trader Joe's Company [Administration - Whether duty to tender every three years - Whether costs excessive - Absence of evidence - Evidence - Burden of proof]
9 September 2020
2020 AusWareham v Marsella [Benefits - Death benefits - Nomination letters - Trustee discretion - Whether exercise of discretion was genuine - Conflict of interest - Dismissal of trustees]
8 September 2020
The Pensions Regulator: Compliance and Enforcement Updates April - June 2020  – Compliance and Enforcement: Quarterly Bulletin April - June 2020
2016 IndDevi v Union of India [Benefits - Dependent's pension - Daughter - Divorced daughter - Whether entitled to pension of freedom fighter]
2020 USARamos v Banner Health [Investment - Administration - Fees - Whether excessive - Whether maladministration - Whether breach of fiduciary duty]
2020 IreRight to Know CLG v Department of Public Expenditure and Reform [Information - Freedom of information - Information about public service pensions - Whether subject to freedom of information]
7 September 2020
Ministry of Housing, Communities & Local Government (formerly Department for Communities and Local Government): Local Government (2020)  – Reforming Local Government Exit Pay: A Consultation on the Reform of Exit Payments in Local Government
2020 USAFinancial Oversight and Management Board for Puerto Rico v Aurelius Investment [Constitutional law - Insolvency - Chapter 11 arrangements for a public body - Whether pension obligations can be abrogated]
4 September 2020
Burges Salmon: Burges Salmon Legal Update 3 September 2020  – Rectification of Pension Scheme Documentation: Has the Univar Decision Changed Anything?
House of Commons (October 2014 onwards): Written Answers 3 September 2020  – Pensions (Minimum Pension Freedoms Age) (3 September 2020)
Firefighters' Pensions England Scheme Advisory Board: FPS Bulletins No 36  – FPS Bulletin 36 - August 2020 [fpsbull36]
2020 USADavis v Washington University in St Louis [Investments - Investment management fees - Whether size of funds suggests fees should be lower - Whether breach of fiduciary duty in failing to negotiate lower fees - Level of burden of proof - Where fees should be regarded overall or on a case-by-case basis]
3 September 2020
Local Government Association: TPS Bulletins Bulletin 70  – TPS Bulletin 70 - August 2020 [tpsbull070]
2020 AusQSuper Board v Australian Financial Complaints Authority [Complaint - Jurisdiction - Whether complaints authority acted ultra vires - Australia - Constitutional powers - Whether acting in judicial capacity]
2020 USAThole v US Bank [Funding - Investments - Right of members to sue fiduciaries or trustees for mismanagement - Whether members have standing]
2 September 2020
Local Government Pensions Committee: LGPC Bulletin 201  – LGPC Bulletin 201 - August 2020 [lgpcbull201]
The Pensions Regulator: Statements  – Single Code of Practice Statement Updated on TPR's website
1 September 2020
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) August 2020  – Pension Schemes Newsletter 123 [psn123]
2020 USAThondukolam v Corteva [Plan sponsor corporate merger and reconstruction - Whether removal of original covenant was breach of plan documentation - Whether breach of fiduciary obligation to members]
28 August 2020
PO-17973  – Mr A [PO-17973] Determinations from May 2020 can be found under "The Pensions Ombudsman" in the Table of Documents
HM Revenue & Customs: HMRC Tax Manuals IHTM17000  – Inheritance Tax Manual [ihtm] Updated to include Supreme Court decision in HMRC v Parry (new pages IHTM17108 and IHTM17308)
27 August 2020
Department for Work and Pensions: Investment (Environmental, Social and Governance)  – Taking Action on Climate Risk: Improving Governance and Reporting by Occupational Pension Schemes This document is in the process of being edited.
Ministry of Housing, Communities & Local Government (formerly Department for Communities and Local Government): Local Government (2020)  – Local Government Pension Scheme (England and Wales): Partial Government Response: Review of Employer Contributions and Flexibility on Exit Payments
2020 FamRH v SV (Pension Apportionment: Reasons) [Divorce - Financial provision - Pensions sharing]
26 August 2020
Norton Rose Fulbright: Commentary August 2020  – UK Pensions Briefing: Pensions Regulator Publishes Interim Guidance on DB Superfunds
2020 QBPrichard v Secretary of State for Work and Pensions [Social security - Household benefits - Retirement age - Whether benefits payable where one person of household above retirement age - Pensioner benefits - Equal treatment - Human rights - Public-sector equality duty - Judicial review]
25 August 2020
2020 FamKM v CV [Divorce - Financial remedies - Pensions - Pensions sharing order - Whether needs-based]
2020 A-GUnited Biscuits (Pension Trustees) v HMRC [Taxation - Value Added Tax (VAT) - Investment management - Whether investment management services should be classed as insurance and therefore exempt]
2020 UTW (Forfeiture) [Benefits - State pension - Death of wife at the hand of the husband - Whether survivor's benefit not payable - Whether court had power to reinstate payment - Whether murder or unlawful killing - Person unfit to be tried]
21 August 2020
Government Actuary's Department: Scheme Funding and Insolvency (Code of Practice)  – Modelling the Long-Term Funding Objective: Likely Outcomes of Different Approaches ('LTO Report') - Additional Information
2020 ChUnivar UK v Smith [Documentation - Rectification - Indexation - Retail Price Index (RPI) - Consumer Prices Index (CPI) - Grounds for rectification - Subjective intent of parties - Whether mistake]
20 August 2020
2020 SCHMRC v Parry and Others (Staveley) The information in this document is taken from supremecourt.uk, the PBLR version of this judgment will be made available shortly
2020 QBRail Franchising Litigation (Stagecoach) [Public procurement - Requirement to accept open-ended liability for accrued pension liabilities of franchise - Whether reasonable - The case of the reasonably well-informed and normally diligent (RWIND) tenderer]
18 August 2020
Eversheds Sutherland: Speedbrief 14 August 2020  – FCA Pension Transfer Consultation: the Devil is in the Detail
17 August 2020
Allen & Overy LLP: What's New This Week 17 August 2020  – [TPR Publishes Scheme Funding Analysis - New Blog Series: Redundancy]
Local Government Pensions Committee: LGPC Bulletin 200  – LGPC Bulletin 200 - July 2020 [lgpcbull200]
2020 FTT (Tax)Ketley v HMRC [Tax - Lifetime allowance - Primary and enhanced protection - Failure to file application on time - Whether reliance on an adviser was reasonable justification - Whether HMRC should have exercised their discretion to allow late filing]
14 August 2020
Burges Salmon: Burges Salmon Legal Update 10 August 2020  – Latest on Guaranteed Minimum Pension (GMP) Equalisation - Guidance on Data Issues
Firefighters' Pensions England Scheme Advisory Board: FPS Bulletins No 35  – FPS Bulletin 35 - July 2020 [fpsbull35]
13 August 2020
Scottish Public Pensions Agency: Local Government (2020) 31 July 2020  – The Local Government Pension Scheme (Scotland): Addressing Discrimination & Amendments to the Statutory Underpin
2020 ChFCA v Avacade [Regulation - Authorised investment - Whether unregulated advisers are covered by regulation - Whether introduction to investment amounts to advice - Self-invested personal pensions]
2020 ChOve Arup & Partners International v Arup UK Pension Scheme [Benefits - Indexation - Appropriate index - Whether retail price index was required to be continued as the index or whether replacement possible]
Pendragon:  – Spotlight on Pensions: A Guide to Pensions Practice [spotlight] Update includes new material on non-discrimination of emergency volunteers; retirement living standards; whether non-cash payments into schemes are "contributions"; statements of investment principles; effective stewardship; DC Chair's statements; improving transfers; GMP equalisation; regulation of DB consolidator superfunds; and PPF developments.
12 August 2020
The Pensions Regulator: Determination Notices 2019/20  – Organic Insurance Limited Pension Scheme - Final Notice
The Pensions Regulator: Regulatory Intervention Reports August 2020  – National Institute of Agricultural Botany Pension Scheme Regulatory Intervention Report
11 August 2020
10 August 2020
7 August 2020
Welsh Government: Occupations (Firefighters' Pensions)  – Consultation on Amendments to Firefighter Pension Schemes in Wales 2020
6 August 2020
2020 QBHughes v Pension Protection Fund [Insolvency - Compensation - Early retirement - Whether cap on level of compensation amounts to discrimination - Whether discrimination is reasonable - Whether objectively justifiable]
4 August 2020
House of Commons (October 2014 onwards): Written Answers 28 July 2020  – Occupational Pensions (Coronavirus) (28 July 2020)
Pensions Policy Institute: Pensions Primer  – The Pensions Primer: A Guide to The UK Pensions System
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) July 2020  – Pension Schemes Newsletter 122 [psn122]
2020 USASanzone v Mercy Health [Regulation - Defined benefit plan - Whether church plan - Whether exempt from regulation - Standing to bring suit]
Department for Work and Pensions: DWP Guides PC10S  – A Detailed Guide to Pension Credit for Advisers and Others Updated to April 2020 version
3 August 2020
2020 USADivane v Northwestern University [Investments - Fees - Whether restricted choice of funds resulted in excess fees being charged - Conflict of interest]
HM Revenue & Customs: HMRC Guides (COVID-19)  – Check Which Employees You Can Put on Furlough To Use the Coronavirus Job Retention Scheme All six HMRC Guides on COVID-19 that are on Perspective are further updated from 3 August 2020. These Guides can be found under "Other Regulatory Materials - HMRC Guides (COVID-19)" in the Table of Documents.
31 July 2020
HM Revenue & Customs: HMRC Tax Manuals PTM010000  – Pensions Tax Manual [ptm] Updated to reflect various changes on GOV.UK in July. Update includes the addition of pages PTM057200 and PTM062205.
30 July 2020
House of Lords (October 2014 onwards): Written Answers 27 July 2020  – Pension Schemes Bill (HL) (Queen's Consent) (27 July 2020)
29 July 2020
House of Commons (October 2014 onwards): Debates and Oral Answers 8 July 2020  – Women (State Pension Uplift) (8 July 2020)
28 July 2020
Burges Salmon: Burges Salmon Legal Update 21 July 2020  – Corporate Insolvency and Governance Act 2020: Implications for Defined Benefit Pensions
Eversheds Sutherland: Speedbrief 16 July 2020  – Local Government Pension Scheme Exit Credits - Where Are We Now?
27 July 2020
Finance Act 2020 [fa20] Selected provisions only
Barnett Waddingham: Current Issues in Pensions Financial Reporting  – 30 June 2020
Ministry of Housing, Communities & Local Government (formerly Department for Communities and Local Government): Local Government (2020)  – Local Government Pension Scheme (England and Wales) - Amendments to the Statutory Underpin
24 July 2020
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) July 2020  – Managing Pension Schemes Service Newsletter - July 2020
The Pensions Regulator: Regulatory Intervention Reports July 2020  – Bernard Matthews Regulatory Intervention Report
23 July 2020
Finance Act 2004 as amended by the Draft Finance Bill (2020-21) (Collective Money Purchase Benefits) This update includes a version of the Finance Act 2004 as amended by the Draft Finance Bill (2020-21) (Collective Money Purchase Benefits). Please read the introductory Editorial Notes for an explanation of this document and how best to use it.
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) July 2020  – Guaranteed Minimum Pension (GMP) Equalisation Newsletter - July 2020
HM Treasury: Public Service Pensions (Consultations)  – Public Service Pension Schemes: Changes to the Transitional Arrangements to the 2015 Schemes
HM Treasury: Public Service Pensions (Consultations)  – Update on the Cost Control Element of the 2016 Valuations
22 July 2020
Ministy of Justice: Occupations (Judicial Pensions)  – Proposals for a Reformed Judicial Pension Scheme
HM Treasury: Taxation (Consultation Documents)  – Pensions Tax Relief Administration: Call for Evidence
21 July 2020
House of Commons (October 2014 onwards): Written Statements 20 July 2020  – Public Service Pensions, Survivor Benefits for Opposite-sex Widowers and Surviving Male Civil Partners (20 July 2020)
HM Revenue & Customs: Tax Information and Impact Notes (TIINs) July 2020  – Pension Schemes: Collective Money Purchase Benefits
Ministy of Justice: Occupations (Judicial Pensions)  – Judicial Pensions: Proposed Response to McCloud
20 July 2020
Equality Act 2010 [ea10] Chapter 1 of Part 5 added after user request
17 July 2020
Pension Schemes Bill 2019/21 [Bill 165] (16 July 2020) Bill as brought from the House of Lords [Bill 165]
House of Commons (October 2014 onwards): Written Statements 16 July 2020  – Judicial Update (Pensions); Public Service Pensions Consultation and Update (16 July 2020)
Firefighters' Pensions England Scheme Advisory Board: FPS Bulletins No 34  – FPS Bulletin 34 - June 2020 [fpsbull34]
Government Actuary's Department: Technical Bulletins 16 July 2020  – Public Service Pensions - Update
16 July 2020
Spotlight on Pensions Bulletin: LeGrand View July 2020  – Pensions' Contribution to a More Equal Society
Bills -- Passage through Parliament: Pension Schemes Bill (2019-21) 15 July 2020  – Pension Schemes Bill: Third Reading (Lords) (15 July 2020)
Local Government Association: TPS Bulletins Bulletin 69  – TPS Bulletin 69 - June 2020 [tpsbull069]
14 July 2020
HM Treasury: Directions 25 June 2020  – The Coronavirus Act 2020 Functions of Her Majesty's Revenue and Customs (Coronavirus Job Retention Scheme) Direction Please note that this document is still in the process of being proofread
13 July 2020
Local Government Pensions Committee: LGPC Bulletin 199  – LGPC Bulletin 199 - June 2020 [lgpcbull199]
10 July 2020
2020 ChAdams v Options SIPP UK [Self-invested personal pensions (SIPP) - Investments - Advice - Unregulated advice - Whether execution-only SIPP administrator obliged to give advice]
2020 UTHMRC v Sippchoice [Investments - Taxation - Small self-invested personal pension (SIPP) - Whether contributions could be made in-specie - Whether HMRC guidance is enforceable by taxpayer]
Pension Protection Fund: Guidance - Factors (Commutation, Compensation Cap, Early Retirement, Late Retirement and Step-down)  – Compensation Cap Factors The PPF factors have been updated for retirements effective from 1 October 2020. These documents can be found under "Guidance - Factors (Commutation, Compensation Cap, Early Retirement, Late Retirement and Step-down)" in the Table of Documents.
9 July 2020
Pensions Act 2004 as amended by the Pension Schemes Bill 2019/21 [Bill 165] This update includes versions of Acts as amended by the Pension Schemes Bill 2019/20 [HL Bill 120]. These documents can be found under "Bills - Chronological Index (2019-21)" in the Table of Documents. Please read the introductory Editorial Notes for an explanation of these documents and how best to use them.
8 July 2020
CMS: po-info Summaries of Key Determinations PO-17639  – Onus on Trustees to Act Where They Knew Member Was Terminally Ill Further Summaries of Key Determinations provided by CMS. These documents can be found under "The Pensions Ombudsman (Determinations & Materials) - The Pensions Ombudsman (Miscellaneous Publications) - CMS po-info Summaries of Key Determinations" in the Table of Documents
7 July 2020
6 July 2020
3 July 2020
Finance Bill 2019/21 [Bill 123] (2 July 2020) HL Bill 123 2019-21 (as amended on Report)
Bills -- Passage through Parliament: Finance Bill (2019-21) 2 July 2020  – Finance Bill: Report Stage (Commons) (2 July 2020)
2020 FamW v H [Divorce - Family proceedings - Financial settlement - Division of pensions on divorce - Pensions sharing - Whether needs-based calculations appropriate]
2 July 2020
Pension Schemes Bill 2019/21 [HL Bill 120] (30 June 2020) Bill as amended on Report [HL Bill 120]. Please note that the Bill is still in the process of being edited.
Eversheds Sutherland: Speedbrief 29 June 2020  – Coronavirus - Make (Insolvency) Law in Haste, Repent at Leisure? - UK
Bills -- Passage through Parliament: Pension Schemes Bill (2019-21) 30 June 2020  – Pension Schemes Bill: Report Stage (Lords) (30 June 2020)
HM Revenue & Customs: HMRC Guides (COVID-19)  – Check if you Can Claim for Your Employees' Wages Through the Coronavirus Job Retention Scheme All six HMRC Guides on COVID-19 that are on Perspective are further updated from 1 July 2020. These Guides can be found under "Other Regulatory Materials - HMRC Guides (COVID-19)" in the Table of Documents.
1 July 2020
Bills -- Passage through Parliament: Corporate Insolvency and Governance Bill (2019-21) 25 June 2020  – Corporate Insolvency and Governance Bill - Consideration of Lords Amendments (Commons) (25 June 2020) Ping Pong: House of Commons 25 June 2020
2020 ECJCaisse d'assurance retraite et de la sante au travail d'Alsace-Moselle v SJ and Ministre charge de la Securite sociale [Benefits - Disability benefits for child - Whether pensionable - Whether other member state's benefits counted as pensionable]
The Pensions Regulator: Guidance - COVID-19 (Coronavirus)  – DC Scheme Management and Investment: COVID-19 Guidance for Trustees Further updated
30 June 2020
Corporate Insolvency and Governance Act 2020 [ciga20] Only selected provisions of this Act have been included in this document.
29 June 2020
Eversheds Sutherland: Speedbrief 24 June 2020  – PPF Compensation Cap is Age Discriminatory
2020 FamMaughan v Wilmot [Divorce - Financial provision - Freezing order - Order against personal pensions - Whether assets in pension schemes were liquid - Court powers to request transfer or drawdown]
26 June 2020
Burges Salmon: Burges Salmon Legal Update 23 June 2020  – FCA's Proposals for Pension Transfer Advice
Burges Salmon: Burges Salmon Legal Update 24 June 2020  – Virtual Pension Trustee Meetings - How to Make the Most of Holding Meetings Virtually
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) June 2020  – Pension Schemes Newsletter 121 [psn121]
HM Revenue & Customs: Tax Information and Impact Notes (TIINs) June 2020  – Pensions Tax: COVID-19 Related Changes to Protected Pension Age
Department for Work and Pensions: Pension Reform (Security in Retirement/Workplace Pension Reforms)  – Review of the Default Fund Charge Cap and Standardised Cost Disclosure
25 June 2020
Pensions Policy Institute: PPI Briefing Note Number 122  – Tax Relief on Defined Contribution Pension Contributions
2020 ChCarr v Thales Pension Trustees [Benefits - Indexation - Retail Prices Index - Interpretation of rules - Natural and ordinary meaning - Whether modified by subsequent provisions - Whether Retail Prices Index (RPI) as a measure replaced by Consumer Price Index (CPI) legislation]
24 June 2020
House of Commons: Coronavirus (COVID-19) HC 178  – DWP's Response to the Coronavirus Outbreak This document contains selected extracts from the original report.
2020 USABirse v CenturyLink [Investments - Underperforming fund - Whether fiduciary liable for continuing to offer it as an option]
2020 USABrown-Davis v Walgreen [Investments - Target date funds - Fiduciaries - Whether there can be a claim for under performance of investments]
23 June 2020
Burges Salmon: Burges Salmon Legal Update 19 June 2020  – Doing Business in the UK: Does Your Group Have a UK Business with a Pension Scheme?
2020 ChLegal and General Assurance Society (Transfer of Business) [nsurance - Transfer of business - Coronavirus - COVID-19 - Whether cause for delay - Objection by both transferring and receiving policyholders]
22 June 2020
Eversheds Sutherland: Speedbrief 19 June 2020  – DB Superfunds - We Have Lift Off!
HM Revenue & Customs: HMRC Guides (COVID-19)  – Calculate How Much You Can Claim Using the Coronavirus Job Retention Scheme
19 June 2020
Finance Bill 2019/21 [Bill 142] (19 June 2020) Bill 142 2019-21 (as amended in Committee)
House of Commons (October 2014 onwards): Written Statements 18 June 2020  – Pensions (Interim Guidance for Superfunds) (18 June 2020)
Pensions Policy Institute: Pension Facts  – Pension Facts
HM Revenue & Customs: HMRC Guides (COVID-19)  – Check if Your Employer Can Use the Coronavirus Job Retention Scheme Further updated.
HM Revenue & Customs: HMRC Guides (COVID-19)  – Steps to Take Before Calculating Your Claim Using the Coronavirus Job Retention Scheme Further updated
18 June 2020
The Pensions Regulator: Consultation - Consultation Reports and Responses 2020  – DB Superfunds Consultation Response
The Pensions Regulator: Guidance - Regulatory Guidance  – DB Superfunds
The Pensions Regulator: Compliance and Enforcement Updates January - March 2020  – Compliance and Enforcement: Quarterly Bulletin January - March 2020
17 June 2020
2020 FTT (Tax)Hayes v HMRC [Taxation - Lifetime allowance - Transitional protection - Notification to HMRC - Whether notification received by HMRC - Late notification - Whether right to protection available out of time - Reasonable excuse]
2019 USALaurent v PricewaterhouseCoopers [Benefits - Cash balance plan - Calculation of benefits - Whether 'whipsaw' calculations permitted - Value of transfer payments]
The Pensions Regulator: Guidance - COVID-19 (Coronavirus)  – DB Scheme Funding: COVID-19 Guidance for Employers Further updated
The Pensions Regulator: Guidance - COVID-19 (Coronavirus)  – DB Scheme Funding and Investment: COVID-19 Guidance for Trustees Further updated
The Pensions Regulator: Guidance - COVID-19 (Coronavirus)  – Scheme Administration: COVID-19 Guidance for Trustees and Public Service Further updated
16 June 2020
2020 USAIntel Corporation Investment Policy Committee v Sulyma [Investments - Breach of fiduciary duty - Time limits for claims - Definition of 'actual knowledge' of any alleged breach - Fiduciary obligation to ensure members are aware of risks]
15 June 2020
The Pensions Regulator: Guidance - COVID-19 (Coronavirus)  – Automatic Enrolment and DC Pension Contributions: COVID-19 Guidance for Employers Further updated.
The Pensions Regulator: Guidance - COVID-19 (Coronavirus)  – DC Pension Contributions: COVID-19 Technical Guidance for Large Employers Further updated.
12 June 2020
2020 USALeighton v Delta Air Lines [Damages - Personal injury damages - Workers' compensation - Whether pension to be reduced by value of compensation - Benefits - Fiduciary duties of employer - Whether decision made to save employer's funds rather than comply with rules]
2020 USAUniversity of Pittsburgh Medical Centre v CBIZ [Advice - Actuaries - Actuarial advice - Whether actuaries made critical errors when calculating liabilities - Mergers and acquisitions - Purchase costs distorted by actuarial valuation]
2020 ChWilson v McNamara [Insolvency - Bankruptcy - Self-invested personal pension - Ireland - Equal treatment - Discrimination - European Union - Whether protection for the self-employed should be equivalent to that of employed persons under EU provisions - Whether insolvency protection of pension benefits under domestic legislation operates cross-border]
11 June 2020
2020 ChBritvic v Britvic Pensions [Documentation - Indexation - Benefits - Whether rules permitted reduction as well as increase in benefits - Retail Price Index (RPI)]
2020 QBCommissioner of Police of the Metropolis v Police Medical Appeal Board [Benefits - Disability benefits - Injury in the course of exercising his duties - Whether mental incapacity resulting from a human resources investigation amounts to injury - Judicial review - Inability to appeal]
10 June 2020
9 June 2020
Burges Salmon: Burges Salmon Legal Update 4 June 2020  – Palestine Solidarity Campaign Case: Government LGPS Guidance Unlawful
Local Government Pensions Committee: LGPC Bulletin 198  – LGPC Bulletin 198 - May 2020 [lgpcbull198]
8 June 2020
Burges Salmon: Burges Salmon Legal Update 26 May 2020  – Russell Adams v Carey Pensions: What Does it Mean for SIPP Operators?
PO-20306  – Mrs N [PO-20306] Determinations from April 2020 can be found under "The Pensions Ombudsman" in the Table of Documents
5 June 2020
Firefighters' Pensions England Scheme Advisory Board: FPS Bulletins No 33  – FPS Bulletin 33 - May 2020 [fpsbull33]
2020 UTHMRC v Bella Figura [Tax - Small-self administered scheme - Loan to connected company - Charge to tax - Unauthorised payments charge - Scheme sanctions charge - Appeal]
4 June 2020
House of Commons (October 2014 onwards): Written Statements 3 June 2020  – Update on the Coronavirus Job Retention Scheme and Self-Employment Income Support Scheme (3 June 2020)
Local Government Association: TPS Bulletins Bulletin 68  – TPS Bulletin 68 - April 2020 [tpsbull068]
3 June 2020
Pensions Policy Institute: PPI Briefing Note Number 121  – How Have Scams Evolved Since the Introduction of Pension Freedoms?
PO-8506  – Mrs T [PO-8506] Determinations from March 2020 can be found under "The Pensions Ombudsman" in the Table of Documents
Joint Publications (DWP, FCA, FSCS, MaPS, PPF, TPO and TPR): Guidance - COVID-19 (Coronavirus) May 2020  – COVID-19 and Your Pension - Where to Get Help
2 June 2020
Eversheds Sutherland: Speedbrief 27 May 2020  – New Climate Change Duties For Pension Scheme Trustees
1 June 2020
Eversheds Sutherland: Speedbrief 27 May 2020  – Using Escrow in Times of Uncertainty
HM Revenue & Customs: HMRC Countdown Bulletins (ending of contracting-out) Issue 53  – Countdown Bulletin (May 2020)
Government Actuary's Department: LGPS (Scotland) Guidance 17 April 2020  – Early Payment of Pension - Factors and Guidance
Government Actuary's Department: LGPS (Scotland) Guidance 23 April 2020  – Flexible Retirement
28 May 2020
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) May 2020  – Pension Schemes Newsletter 120 [psn120]
27 May 2020
26 May 2020
Burges Salmon: Burges Salmon Legal Update 21 May 2020  – Pensions Taxation: HMRC Wins at the Upper Tribunal on in-Specie Contributions
2020 CAClark v HMRC [Tax - Self-invested personal pensions (SIPP) - Investments - Transfer of investments - Whether valid - Whether unauthoried payment charge]
22 May 2020
House of Commons (October 2014 onwards): Written Answers 20 May 2020  – Pensions (Coronavirus) (20 May 2020)
21 May 2020
SI 2019/689 – The Taxes (Amendments) (EU Exit) Regulations 2019 Selected provisions added following a user request (note that amendments made by these Regulations were already on Perspective).
20 May 2020
Pensions Policy Institute: PPI Briefing Note Number 120  – The Pensions Implications of COVID-19
2020 SCPalestine Solidarity Campaign v Secretary of State for Housing, Communities and Local Government The PBLR version of this judgment will be made available shortly.
19 May 2020
Norton Rose Fulbright: Commentary May 2020  – Pensions Briefing: RPI and CPI
HM Revenue & Customs: Tax Information and Impact Notes (TIINs) May 2020  – Lifetime Individual Savings Account: Reduction of Withdrawal Charge in Response to Coronavirus (Covid-19)
18 May 2020
Ministry of Housing, Communities & Local Government (formerly Department for Communities and Local Government): Local Government (2020)  – Local Government Pension Scheme: Northumberland and Tyne and Wear Pension Fund Merger - Government Response to Policy Consultation
15 May 2020
PMI: Guidance May 2020  – COVID-19: Your Industry Guide
2020 ChElston v King [Insolvency - Bankruptcy - Income payments agreement - Whether agreement to pay pensions as part of a compromise made under a misunderstanding of law]
14 May 2020
House of Commons (October 2014 onwards): Written Answers 12 May 2020  – NHS (Conditions of Employment) (Pension Scheme) (12 May 2020)
House of Lords (October 2014 onwards): Written Answers 12 May 2020  – War Pensions (Coronavirus) (12 May 2020)
13 May 2020
2019 CanNickel v Gerbrandt [Benefits - Death benefits - Nomination letters - Whether nomination can be amended by testamentary disposition]
12 May 2020
Allen & Overy LLP: What's New This Week 11 May 2020  – [Covid-19: Updated TPR Guidance on AE Duties - Latest RPI/CPI Court Ruling]
Burges Salmon: Burges Salmon Legal Update 7 May 2020  – PASA Consultation on Draft Defined Benefit Transfers Code of Good Practice Consultation
Department for Work and Pensions: Memoranda of Understanding & Other Joint Documents  – Framework Document Between The Pensions Ombudsman and Pension Protection Fund Ombudsman & the Department for Work and Pensions
2020 FTT (Tax)Harrison v HMRC [Taxation - Lifetime allowance - Fixed protection - Time for notification - Whether late notification could be permitted - Whether HMRC refusal was reasonable]
11 May 2020
Spotlight on Pensions Bulletin: LeGrand View May 2020  – Keeping Focus Despite Adversity
2020 ChAtos IT Services UK v Atos Pension Schemes [Benefits - Indexation - Use of Retail proce Index (RPI) - Whether power within documents to convert to Consumer Price Index (CPI)]
2020 QBJackson v Secretary of State for Work and Pensions [Social security - Bereavement - Unmarried survivors - Whether absence of provision for unmarried survivors is discriminatory - Human rights]
7 May 2020
House of Commons (October 2014 onwards): Written Answers 5 May 2020  – Pension Funds (Coronavirus) (5 May 2020)
House of Lords (October 2014 onwards): Written Answers 5 May 2020  – Pension Funds (Coronavirus) (5 May 2020)
Firefighters' Pensions England Scheme Advisory Board: FPS Bulletins No 32  – FPS Bulletin 32 - April 2020 [fpsbull32]
6 May 2020
Local Government Pensions Committee: LGPC Bulletin 197  – LGPC Bulletin 197 - April 2020 [lgpcbull197]
5 May 2020
Allen & Overy LLP: eAlerts 30 April 2020  – Annual Funding Statement: Tough Times Ahead
Norton Rose Fulbright: Commentary May 2020  – UK Pensions Briefing: The Pensions Regulator's Annual Funding Statement 2020
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) April 2020  – Pension Schemes Newsletter 119 [psn119]
2020 QBCarter v Chief Constable of Essex Police [Benefits - Survivors - Married survivor - Married after pension came payable - Whether lawfully excluded from benefit on death of member]
4 May 2020
Burges Salmon: Burges Salmon Legal Update 1 May 2020  – New Guidance on Furlough and Pensions: What Employers and Scheme Trustees Need to Know
Barnett Waddingham: Current Issues in Pensions Financial Reporting  – 31 March 2020
Eversheds Sutherland: Speedbrief 30 April 2020  – Pensions Regulator's Expectations on Funding and Communications in a Crisis
PO-18189  – Mr H [PO-18189] Determinations from February 2020 can be found under "The Pensions Ombudsman" in the Table of Documents
1 May 2020
Allen & Overy LLP: What's New This Week 27 April 2020  – [Covid-19 Update - TPR: Proposed Powers to Obtain Communications Data - Latest RPI/CPI Court Ruling - Employer Loan: Scheme Sanction Charge Payable] Our thanks to Allen & Overy for allowing us to carry the "What's New This Week" series in our Commentary collection.
30 April 2020
The Pensions Regulator: Statements  – Annual Funding Statement 2020
29 April 2020
The Pensions Regulator: Guidance - COVID-19 (Coronavirus)  – Communicating to Members During COVID-19
2020 QBChief Constable of South Yorkshire Police v Kelly [Benefits - Injury pension - Backdating - Whether court had power to backdate - Jurisdiction - Police pensions - Statutory pensions]
28 April 2020
House of Commons (October 2014 onwards): Written Statements 27 April 2020  – Pensions (Response to COVID-19) (27 April 2020)
27 April 2020
Pensions Policy Institute: PPI Briefing Note Number 119  – The Abolition of Adult Dependency Increases for Pensioners
Firefighters' Pensions England Scheme Advisory Board: FPS Bulletins No 31  – FPS Bulletin 31 - April 2020 [fpsbull31]
24 April 2020
House of Commons (October 2014 onwards): Written Answers 21 April 2020  – Pensions (Coronavirus) (21 April 2020)
House of Lords (October 2014 onwards): Written Answers 21 April 2020  – Occupational Pensions (Tax Allowances) (21 April 2020)
House of Lords (October 2014 onwards): Debates and Oral Answers 21 April 2020  – Scam Call Centres (Pensions) (21 April 2020)
2020 CABritish Telecommunications v HMT [Benefits - Indexation - Basis of indexation - Privatised sponsor - Whether basis for indexation of benefits was appropriate]
23 April 2020
House of Commons (October 2014 onwards): Written Statements 22 April 2020  – Temporary Changes to Pensions Tax in the Context of Abatement for Returning Workers (22 April 2020) Commons Written Ministerial Statement.
Department for Work and Pensions: DWP Factsheet  – How to Increase Your State Pension if You Reached State Pension Age Between 6 April 2010 and 5 April 2015 Updated with the new amounts from 6 April 2020.
Department for Work and Pensions: DWP Guides  – Your State Pension Explained Updated on GOV.UK with the latest rates effective from 6 April 2020
21 April 2020
Pensions Policy Institute: PPI Briefing Note Number 118  – How Could Changes to Price Indices Affect Defined Benefit Schemes?
Local Government Pensions Committee: LGPC Bulletin 196  – LGPC Bulletin 196 - March 2020 [lgpcbull196]
The Pensions Regulator: Guidance - Detailed Guidance on Pensions Reform  – Detailed Guidance for Employers Updated on TPR website in April 2020.
20 April 2020
HM Revenue & Customs: HMRC Guides  – Rates and Allowances: Pension Schemes Updated for the tax year 2020 to 2021.
17 April 2020
Norton Rose Fulbright: Commentary April 2020  – New Guidance on Rectification of GMPs
CAS-29744-V6F8  – Mr N [CAS-29744-V6F8] Determinations from January 2020 can be found under "The Pensions Ombudsman" in the Table of Documents
16 April 2020
Spotlight on Pensions Bulletin: LeGrand View April 2020  – Pensions Policy - Time to Consider a More Nuanced Approach?
House of Lords (October 2014 onwards): Proceedings Relating to Secondary and Other Legislation 3 March 2020  – Guaranteed Minimum Pensions Increase Order 2020 (3 March 2020)
House of Commons (October 2014 onwards): Standing/General Committee Meetings 23 March 2020  – Draft Automatic Enrolment (Earnings Trigger and Qualifying Earnings Band) Order 2020 (23 March 2020)
15 April 2020
HM Revenue & Customs: HMRC Countdown Bulletins (ending of contracting-out) Issue 52  – Countdown Bulletin (April 2020)
14 April 2020
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) April 2020  – Managing Pension Schemes Service Newsletter
7 April 2020
SI 2020/354 – The Parental Bereavement Leave and Pay (Consequential Amendments to Subordinate Legislation) Regulations 2020 Amendments made by these Regulations are included in this update
6 April 2020
Local Government Pensions Committee: LGPC Bulletin 195  – LGPC Bulletin - March 2020 (Annual Update) [lgpcbull195]
2020 USARetirement Plans Committee of IBM v Jander [Fiduciaries - Trustees - Whether trustees should have appreciated that a plan sponsor sold an asset at an undervalue]
2020 USAThe National Retirement Fund v Metz Culinary Management [Multi-employer plan - Group plan - Withdrawal liability - Discount rate to be applied when calculating liability - Whether fund can use discount rate adopted after withdrawal notice served]
2019 POT v Hartley Pensions [Investments - Self-invested personal pensions - Failed investments - Fees - Whether fees could be charged on valueless fund]
3 April 2020
The Pensions Regulator: Guidance - COVID-19 (Coronavirus)  – COVID-19: An Update For Trustees, Employers and Administrators (removed) Updated to include links to new guidance
1 April 2020
31 March 2020
PO-19898  – Mrs E [PO-19898] Determinations from December 2019 can be found under "The Pensions Ombudsman" in the Table of Documents
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) March 2020  – Pension Schemes Newsletter 118 [psn118]
30 March 2020
Pensions Policy Institute: PPI Briefing Note Number 117  – Automatic Enrolment: A Success Worth Building On
Pendragon
Perspective
Art of pensions
Wilmington