New & Recently Amended Documents

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

23 February 2024
2023 CanBrewers Retail v Campbell [Amendments - Pensions regulator - Indexation - Registration of plan terms - Refusal of regulator to register amendments - Whether regulator has exclusive jurisdiction to determine issues of law and fact - Whether jurisdiction of courts was excluded]
22 February 2024
Paul Newman KC: pensionsbarrister.com: On the Case February 2024  – Avon Calling Again With the Latest Word ... on Compromises!
The Pensions Regulator: Selected Research & Analysis - DB and Hybrid Pension Schemes 2024  – Occupational Defined Benefit (DB) landscape in the UK 2023
2023 USAArkansas Teacher Retirement System v Goldman Sachs Group [Securities class actions - Investments - Non-specific corporate statements - Shareholders' right to sue for loss]
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] New briefing paper: The communication of State Pension age increases for women born in the 1950s (CBP-9967)
20 February 2024
SI 2024/169 – The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2024 Amendments made by this Order are included in this update.
Paul Newman KC: pensionsbarrister.com: On the Case February 2024  – CA Confirms Role of Actuary in Deficit Repair Provision
CAS-42089-N4Y0  – Mr T [CAS-42089-N4Y0] Determinations from January 2024 can be found under "The Pensions Ombudsman" in the Table of Documents
19 February 2024
16 February 2024
Paul Newman KC: pensionsbarrister.com: On the Case February 2024  – CA Holds Incentives to Agree Changes to Scheme Taxable
House of Commons (October 2014 onwards): Debates and Oral Answers 9 January 2024  – Financial Advice and Guidance (Consumer Market) (9 January 2024)
House of Commons (October 2014 onwards): Debates and Oral Answers 16 January 2024  – Cost of Living (Pensioners) (16 January 2024)
House of Commons (October 2014 onwards): Debates and Oral Answers 17 January 2024  – Defined Benefit Pension Schemes (17 January 2024)
House of Commons (October 2014 onwards): Debates and Oral Answers 31 January 2024  – Social Security; Guaranteed Minimum Pensions (31 January 2024)
House of Lords (October 2014 onwards): Debates and Oral Answers 23 January 2024  – Pension Investments (23 January 2024)
House of Lords (October 2014 onwards): Debates and Oral Answers 25 January 2024  – Climate Risk Models (25 January 2024)
2023 CAHMRC v E.ON UK [Taxation - Income tax - Payments by employer for reductions in future accrual of benefits - Whether such payments were taxable in the hands of the recipients]
2023 AusJamsek v ZG Operations Australia (No 3) [Employee - Deemed employee - Whether entitled to superannuation or whether contractor]
2022 AusZG Operations Australia v Jamsek [Employment - Contracting - Whether employed or contracted - Whether superannuation guarantee applies]
15 February 2024
CAS-98085-L6R7  – Mr H [CAS-98085-L6R7] Determinations from December 2023 can be found under "The Pensions Ombudsman" in the Table of Documents
2023 SAHansen + Genwest v Corporate Selection Umbrella [South Africa - Benefits - Forfeiture - Set-off - Deduction of benefits - Withholding of benefits - Discretion of trustees - Whether court will compel exercise of discretion to forfeit]
2023 USAHarrison v Envision Management Holding [Investments - Disputes - Procedural - Arbitration clause - Whether enforceable]
2023 USALehr v Perri Electric [Forfeiture - Restitution - Set-off - Bankruptcy - Embezzlement - Whether embezzler can direct payment of restitution into a pension plan]
2023 USAReetz v Aon Hewitt Investment Consulting [Investments - Fiduciary duties of advisers - Whether a provider of services owes a duty of care - Delegated fiduciary duties]
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 15 February with 17 schemes added, 2 removed and 1 amended
14 February 2024
Pendragon: Pensions Reference Materials  – Statistics and Other Information [stats] CPI and RPI figures updated together with inflation rates (Tables 17A and 17B)
13 February 2024
Eversheds Sutherland: Speedbrief 9 February 2024  – PPF Levy 2024/25: Deadlines are Approaching
National Police Chief's Council: NPCC Police Pensions Bulletin 4  – NPCC Police Pensions Bulletin 4 - 8 February 2024 [npccbull4]
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) February 2024  – Lifetime Allowance Guidance Newsletter - February 2024
12 February 2024
Burges Salmon: Burges Salmon Legal Update 9 February 2024  – Actions to Take on Reform of the Lifetime Allowance
Paul Newman KC: pensionsbarrister.com: On the Case February 2024  – PO Finds SSAS Independent Trustee Liable for Misinvestment
2022 AusHEST Australia v Queensland [Investments - Commissions - Secret commissions - Consolidation - Scheme consolidation - Terms for consolidation - Transfer of funds]
2023 USAZall v Standard Insurance [Benefits - Disability benefits - Claims procedures - Regulation - Whether regulations had retrospective effect -Time for internal appeals - Whether sufficient time to review evidence before appealing]
9 February 2024
XPS Pensions: XPS Insights January 2024  – Q1 2024 Outlook for Pension Scheme Trustees and Employers
XPS Pensions: XPS Insights February 2024  – First Piece of the Defined Benefit (DB) Strategy Jigsaw is in Place
Financial Reporting Council: Technical Memorandum AS TM1 (v2/v3/v4/v5)  – Statutory Money Purchase Illustrations (Version 2.0/3.0/4.0/4.1/4.2/5.0/5.1) [tm1] Version 5.1 - effective for statutory illustrations based on calculations performed on or after 6 April 2024
SSI 2024/37 – The Local Government Pension Scheme (Scotland) (Amendment) Regulations 2024 Amendments made by these Regulations are included in this update.
8 February 2024
SSI 2024/37 – The Local Government Pension Scheme (Scotland) (Amendment) Regulations 2024 Amendments made by these Regulations will be included in a future update.
Burges Salmon: Burges Salmon Legal Update 31 January 2024  – The New General Code of Practice is Here and There are Some Key Actions for Governing Bodies
Firefighters' Pensions England Scheme Advisory Board: FPS Bulletins No 77  – FPS Bulletin 77 - January 2024 [fpsbull77]
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) January 2024  – Pension Schemes Newsletter 155 - January 2024 [psn155] Updated on GOV.UK to include a correction to Question 8 within the lifetime allowance (LTA) frequently asked questions
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) December 2023  – Lifetime Allowance Guidance Newsletter - December 2023 Updated on GOV.UK to make it clear that where an individual received a benefit crystallisation event (BCE) statement, but they are not receiving pension income, they must be provided with a BCE statement on or before 5 April 2025.
7 February 2024
Paul Newman KC: pensionsbarrister.com: On the Case February 2024  – Newell Trustees Ltd v Newell Rubbermaid UK Services Ltd We are delighted to announce the addition of new commentary from Paul Newman KC: pensionsbarrister.com. "On The Case" discusses recent case law and "In Focus" explores topical pensions law issues in depth. The collections can be found under the "Paul Newman KC: pensionsbarrister.com" sub-heading in the "Commentary" page of the Table of Documents.
6 February 2024
2022 IndEmployees Provident Fund Organisation v Kumar [Amendments - Modification - Failure to communicate changes to members - Whether time limits to make claims were enforceable - Whether court can rewrite terms of a government scheme]
2022 USAHaley v Teachers Insurance and Annuity Association of America [Litigation - Class actions - Breach of fiduciary duty]
2023 USAKanefsky v Ford Motor Co General Retirement Plan [Benefits - Overpaid benefits - Whether plan can recover - Whether estoppel applies]
5 February 2024
Firefighters' Pensions England Scheme Advisory Board: FPS Bulletins No 76  – FPS Bulletin 76 - December 2023 [fpsbull76]
Local Government Pensions Committee: LGPC Bulletin 246  – LGPC Bulletin 246 - January 2024 [lgpcbull246]
The Pensions Regulator: Regulatory Intervention Reports 2 February 2024  – Capita Cyber Security Incident
2022 AusJames Villa Holidays v Crabtree [Insolvency - Bankruptcy - Foreign judgment - Australia - Immunity of pension rights to creditor claims - Whether order may be made against future payments or receipts]
2 February 2024
2022 USAFalberg v Goldman Sachs Group [Investments - Prohibited transactions - Fiduciary obligations to disinvest - Class action - Sponsor who is an asset manager manages plan's funds - Whether a conflict of interest]
2023 FTT (General Regulatory Chamber)Killik v HMRC [Tax - Contributions - In specie contributions - Whether allowable - Self-invested personal pension]
Department for Work and Pensions: DWP Non-Statutory Guidance  – Pensions Dashboards: Guidance On Deferred Connection Reference to 'staging deadlines' replaced with 'connection deadline'.
1 February 2024
SSI 2024/26 – The Firefighters' Pension Schemes (Scotland) Amendment Order 2024 Amendments made by this Order are included in this update.
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 1 February with 14 schemes added and 16 removed
31 January 2024
CAS-94719-B9L5  – Mr Y [CAS-94719-B9L5] Determinations from November 2023 can be found under "The Pensions Ombudsman" in the Table of Documents
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] Updated briefing paper: University Strike Action in the UK (CBP-9387)
Pensions Administration Standards Association: Guidance - eAdmin  – Jargon Buster Reference Guide V2 - Focus on Generative AI & Large Language Models (LLMs) Updated December 2023
30 January 2024
Employment Rights Act 1996 [era96] Pt 8B added following user request
29 January 2024
SSI 2024/26 – The Firefighters' Pension Schemes (Scotland) Amendment Order 2024 Amendments made by this Order will be included in a future update.
CAS-71892-J1V8  – Mr E [CAS-71892-J1V8] Determinations from October 2023 can be found under "The Pensions Ombudsman" in the Table of Documents
Department for Work and Pensions: Draft Legislation: Commentary and Consultation (2024)  – Government Response: the Draft Occupational Pension Schemes (Funding and Investment Strategy and Amendment) Regulations 2023
2023 KBLewis v Cunningtons [Divorce - Pension rights - Division of pension rights - Police pension - Legal advice - Solicitors - Whether legal advice on pensions rights on divorce was offered - Whether negligent - Scope of retainer for legal advice - Whether contributory negligence]
2023 FTT (General Regulatory Chamber)One Pound Baguettes Bakes and Cakes v TPR [Auto-enrolment - Fixed Penalty Notice - Escalating Penalty Notice - Whether reasonable excuse]
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] Updated briefing paper: Guaranteed Minimum Pension (GMP) Increases (SN04956)
26 January 2024
The Pensions Regulator: Guidance - Other Guidance and Documents  – Private Markets Investment
2023 FTT (General Regulatory Chamber)Doonan v TPR [Auto-enrolment - Failure to make declaration - Fixed Penalty Notice - Whether reasonable]
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] New briefing paper: Pensions (Special Rules for End of Life) Bill 2023-24 (CBP-9943)
25 January 2024
House of Commons (October 2014 onwards): Written Statements 25 January 2024  – Public Service Pension Scheme Indexation and Revaluation 2024 (25 January 2024)
2023 FTT (General Regulatory Chamber)RSAA Enterprises v TPR [Auto-enrolment - Fixed Penalty Notice - Escalating Penalty Notice - Unpaid Contributions Notice - Failure by The Pensions Regulator to review - Whether notices enforceable - Time limits for application for review - Whether tribunal has jurisdiction]
2023 FTT (General Regulatory Chamber)SLB Recruitment v TPR [Auto-enrolment - Appeal - Failure of regulator to conduct review on request - Request made out of time - Jurisdiction of tribunal]
24 January 2024
Pension Protection Fund: Guidance - Valuation Version G10  – Guidance for Undertaking a Valuation in Accordance with Section 179 of the Pensions Act 2004
Pension Protection Fund: Guidance - Valuation Version H8  – Guidance for Undertaking the Valuation in Accordance with Section 143 of the Pensions Act 2004
2023 Ct Sessabrdn (SLSPS) Pension Trustee Company [Funding - Surplus - Whether resulting trust - Buy-out - Buy-in - Derisking - Powers of trustees]
23 January 2024
Eversheds Sutherland: Speedbrief 16 January 2024  – The Pensions Regulator's Calls for Voluntary Cyber-Incident Notifications
Bills -- Passage through Parliament: Finance Bill (2023-24) 16 January 2024  – Finance Bill: Public Bill Committee - First Sitting (Commons) (16 January 2024)
2023 CACampbell v NHS [Ill-health retirement - Commutation - Whether member died in service or in retirement - Whether period of notice counts as pensionable employment]
SI 2024/59 – The Police and Firefighters' Pensions (Remediable Service) (Amendment) Regulations 2024 Amendments made by these Regulations are included in this update.
22 January 2024
The Pensions Regulator: Codes of Practice Explanatory Memorandum  – Explanatory Memorandum to The Pensions Regulator General Code of Practice 2024
19 January 2024
SI 2024/13 – The Firefighters' Pension Schemes and Compensation Scheme (Amendment) (Wales) Order 2024 Amendments made by this Order are included in this update.
18 January 2024
SI 2024/59 – The Police and Firefighters' Pensions (Remediable Service) (Amendment) Regulations 2024 These Regulations are in the process of being edited. Amendments made by these Regulations will be included in a future update.
Burges Salmon: Burges Salmon Legal Update 10 January 2024  – 'ESG Litigation Risks' for Pension Trustees: A Spotlight on Identifying and Mitigating Risks
Eversheds Sutherland: Speedbrief 12 January 2024  – The General Code is Finally Here – What Must Schemes do Now?
2015 FTT (General Regulatory Chamber)Mosaic Community Care v TPR [Auto-enrolment - Breach of auto-enrolment requirements - Sanctions - Fixed penalty notice - Whether reasonable excuse for not filing registration - Whether Tribunal had jurisdiction to hear an appeal]
Pendragon:  – Spotlight on Pensions: A Guide to Pensions Practice [spotlight] Update includes new material on the 2023 Autumn Statement, UK growth investments, CDC possibilities, digitalisation for schemes, dashboard readiness, cyber security, the Ombudsman and amber flags for overseas transfers, authority to recover overpaid pension and exit from the EU.
17 January 2024
Pensions Dashboards Programme (PDP): PDP Reports & Analysis  – Pensions Dashboards Programme: Progress Update Report (October 2023)
Pendragon: Pensions Reference Materials  – Statistics and Other Information [stats] CPI and RPI figures updated together with inflation rates (Tables 17A and 17B)
16 January 2024
SI 2024/13 – The Firefighters' Pension Schemes and Compensation Scheme (Amendment) (Wales) Order 2024 Amendments made by this Order will be included in a future update.
HM Revenue & Customs: HMRC Tax Manuals  – Updates to the Pensions Tax Manual [ptm updates] This document contains the list of updates as it appears on the HMRC website and is designed to be viewed in conjunction with the relevant pages of the Pensions Tax Manual.
15 January 2024
Allen & Overy LLP: What's New This Week 15 January 2024  – [TPR Publishes Final Version of General Code of Practice]
2023 ETBroadbent v Police Federation of England and Wales [Equal treatment - Whether 'trade union' liable for imperfect negotiation of revised pension terms for police officers with employer - Whether direct age discrimination - Whether victimisation - Whether indirect age discrimination]
The Pensions Regulator: Codes of Practice General Code  – General Code of Practice [tpr gen code] Link added to a document comparison created by Draftable which shows the differences between the 2021 draft Code and the code laid before Parliament in January 2024
HM Revenue & Customs: HMRC Tax Manuals PTM  – Pensions Tax Manual [ptm] PTM161100 updated to reflect changes to the way ‘event reports’ are filed via the HMRC online systems
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 15 January with 8 schemes added and 4 removed
12 January 2024
The Pensions Regulator: Consultation - Consultation Reports and Responses 2024  – Final Response to the Consultation on a New Code of Practice
9 January 2024
2020 IreClarke v Ireland (Aer Lingus) [European Union law - Transposition of EU directive - EU Directive 2003/41EC of the Institutions for Occupational Retirement Provision - IORP Directive - Scheme deficit - Reduction in benefits - Whether breach of Irish Constitution]
8 January 2024
5 January 2024
Financial Reporting Council: Technical Actuarial Standards - Revised TASs (from 1 July 2017) TAS 300  – Technical Actuarial Standard 300: Pensions [tas 300] Version 2.0 effective from 1 April 2024
4 January 2024
National Police Chief's Council: NPCC Police Pensions Bulletin 2  – NPCC Police Pensions Bulletin 2 - 14 December 2023 [npccbull2]
2 January 2024
Firefighters' Pensions England Scheme Advisory Board: FPS Bulletins No 75  – FPS Bulletin 75 - November 2023 [fpsbull75]
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 2 January with 18 schemes added and 3 removed
22 December 2023
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Contingent Asset Appendix
21 December 2023
Norton Rose Fulbright: Commentary December 2023  – UK Pensions Briefing: Batten Down the Hatches Ahead of the Pensions Storm
Redington: The Defined Contrarian December 2023  – The Defined Contrarian: Q3 2023
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Transformation Appendix
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Guidance for Calculating and Certifying Transfers - 2024/25 Levy Year
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Guidance on Asset-Backed Contributions
2023 CAThe Pensions Ombudsman v CMG Pension Trustees Ltd & Anor The PBLR version of this judgment will be made available shortly.
20 December 2023
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Alternative Covenant Scheme Appendix
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Transfers Appendix
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Insolvency Risk Appendix
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – PPF Deficit-Reduction Contributions Guidance in Respect of the Financial Year 1 April 2024 - 31 March 2025
Pendragon: Pensions Reference Materials  – Statistics and Other Information [stats] CPI and RPI figures updated together with inflation rates (Tables 17A and 17B)
19 December 2023
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Deficit-Reduction Contributions Appendix
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – ABC Appendix
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Guidance on Contingent Assets: Part 1 - General Requirements
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Guidance on Contingent Assets: Part 2 - Type A Contingent Assets
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Guidance on Contingent Assets: Part 3 - Type B Contingent Assets
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Guidance on Contingent Assets: Part 4 - Type C Contingent Assets
18 December 2023
Pension Protection Fund: Levy Determinations - 2024/25 Pension Protection Fund Levy 2024/25  – Determination Under Section 175(5) of the Pensions Act 2004 in Respect of the Financial Year 1 April 2024 - 31 March 2025 [ppf levy det] This document is in the process of being edited.
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Insolvency Risk Guidance 2024/2025
Pension Protection Fund: Levy Determinations - 2024/25 2024/25  – Alternative Covenant Scheme Guidance 2024/25 Levy Year
15 December 2023
Pensions Administration Standards Association: Guidance - Dashboards  – Pensions Dashboards Connection Readiness Guidance
Pension Protection Fund: Policy Documents  – 2024/25 Pension Protection Fund Levy Policy Statement The Levy Determination, as well as associated Appendices and Guidance, will be included in a future update.
Pension Protection Fund: Purple Book  – The Purple Book: DB Pensions Universe Risk Profile (2023) [purple23]
2023 ETClayson v Minister of Justice [Equal treatment - Discrimination - Part-timers - Fee-paid judges - Whether part-timers eligible for pensions - Whether objective justification]
2023 FTT (General Regulatory Chamber)Diamond Heating and Plumbing (Southern) v TPR [Regulation - Breach - Fixed penalty notice - Appeal - Whether notices received by employer - Burden of proof]
2022 FTT (General Regulatory Chamber)Scottish Power v HMRC [Regulation - Penalties - Sanctions - Redress payments - Taxation - Whether payments deductible]
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 15 December with 17 schemes added, 9 removed and 1 amended.
13 December 2023
The Pensions Regulator: Detailed Guidance: Administration  – Cyber Security Principles for Pension Schemes Guidance updated to reflect best practice approaches to managing cyber risk, including when to report cyber incidents
12 December 2023
2023 FTT (General Regulatory Chamber)Clearchoice Windows Doors and Glazing v TPR [Auto-enrolment - Unpaid contributions notice - Fixed penalty notice - Whether reasonable excuse - Whether inability to gain access to NEST was a reasonable excuse]
2023 FTT (General Regulatory Chamber)Dalriada Trustees v HMRC re Grosvenor Parade Pension Scheme [Taxation - Investments - Loans - Unauthorised payments charges - Unauthorised payments surcharges - Liability of trustees]
11 December 2023
CAS-62617-C0Y2  – Mr Y [CAS-62617-C0Y2] Determinations from September 2023 can be found under "The Pensions Ombudsman" in the Table of Documents.
2023 FTT (General Regulatory Chamber)Houndgate Wines v TPR [The Pensions Regulator - Sanctions - Declaration of Compliance - Fixed Penalty Notice - Appeal - Whether tribunal has jurisdiction - Time limits for appeal - Auto-enrolment - Review of FPN]
2023 UTIntelligent Money v HMRC [Taxation - Value added tax - Insurance - Self-invested personal pensions - Whether administration of SIPPs is insurance]
8 December 2023
Taskforce for Social Factors (TSF): Guidance - Social Factors October 2023  – Considering Social Factors in Pension Scheme Investments: Guide from the Taskforce on Social Factors
7 December 2023
SI 2023/1308 – The Pensions Act 2004 and the Equality Act 2010 (Amendment) (Equal Treatment by Occupational Pension Schemes) Regulations 2023 Amendments made by these Regulations are included in this update
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] Updated briefing paper: Pensions: Automatic Enrolment - Current Issues (SN06417)
6 December 2023
2023 UTEM v Secretary of State for Defence [War widow's pensions - Survivor's pension - Effect of remarriage - Whether pension to be paid in the absence of claim]
5 December 2023
CAS-56752-R2J6  – Miss I [CAS-56752-R2J6 ] Determinations from August 2023 can be found under "The Pensions Ombudsman" in the Table of Documents.
Local Government Pensions Committee: LGPC Bulletin 244  – LGPC Bulletin 244 - November 2023 [lgpcbull244]
National Police Chief's Council: NPCC Police Pensions Bulletin 1  – NPCC Police Pensions Bulletin 1 - 9 November 2023 [npccbull1]
2023 FTT (General Regulatory Chamber)R and M Gym v TPR [Fixed Penalty Notice - Appeal - Compliance Notice - Whether second-order breach was deserving of fine, where the breach involved notification rather than membership under auto-enrolment]
Finance Act 2004 as amended by Schedule 9 to the Finance Bill (Bill 14) 2023/24 Link to new pdf that shows the text with amendments made by the July 2023 “draft Finance Bill Measures (2023–24) — Abolishing The Pensions Lifetime Allowance”
Income Tax (Earnings and Pensions) Act 2003 as amended by Schedule 9 to the Finance Bill (Bill 14) 2023/24 Link to new pdf that shows the text with amendments made by the July 2023 “draft Finance Bill Measures (2023–24) — Abolishing The Pensions Lifetime Allowance”
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] Updated briefing paper: Pension Tax Relief - The Annual Allowance and Lifetime Allowance (CBP 5901)
4 December 2023
Local Government Pensions Committee: LGPC Bulletin 243  – LGPC Bulletin 243 - October 2023 [lgpcbull243]
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) November 2023  – Pension Schemes Newsletter 154 - November 2023 [psn154]
1 December 2023
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] New briefing paper: Benefits Uprating 2024/25 (CBP-9872)
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 1 December with 22 schemes added and 4 removed
30 November 2023
Finance Bill 2023/24 [Bill 14] (29 November 2023) Only selected provisions of this Bill have been included in this document.
29 November 2023
House of Commons: Information & Awareness/Education/Pension Information (General) HC 259  – Defined Benefit Pensions with Liability Driven Investments: Government Response to Committee's Seventh Report of Session 2022-23
28 November 2023
2023 ChClientEarth v Shell (No 3) [Corporate governance - Litigation - Costs - Whether costs recoverable by successful party]
2023 ETJhuti v Royal Mail [Employment - Dismissal - Unfair dismissal - Compensation - Valuation of loss of pension rights and expectations]
27 November 2023
Eversheds Sutherland: Speedbrief 23 November 2023  – Autumn Statement Turbo Charges Pension Reforms
Government Actuary's Department: Technical Bulletins 24 November 2023  – Autumn Statement 2023: a GAD Technical Bulletin
The Pensions Regulator: Statements  – Value for Money Framework and DWP's Master Trust Review
2023 ChClientEarth v Shell [Investments - Minority shareholder - Derivative claims - Compliance with obligation to mitigate climate change risks - Whether directors in breach of corporate obligations - Whether court will direct change of company policy - Impact of foreign judgment - Whether negligence, default, breach of duty or breach of trust - Whether a prima facie case - Whether genuine effort to remedy bad faith by a director]
HM Revenue & Customs: Tax Information and Impact Notes (TIINs) July 2023  – Pension Schemes - Relief at Source Amendments Updated to reflect changes following the Office for Budget Responsibility November 2023 forecast.
24 November 2023
Department for Work and Pensions: Scheme Administration (Auto-enrolment)  – Looking to the Future: Greater Member Security and Rebalancing Risk
Department for Work and Pensions: Pension Reform (Security in Retirement/Workplace Pension Reforms)  – Helping Savers Understand Their Pension Choices: Supporting Individuals at the Point of Access: Consultation Response
Department for Work and Pensions/HM Treasury: Trusts, Trusteeship and Scheme Governance (Master Trusts)  – Evolving the Regulatory Approach to Master Trusts
Department for Levelling Up, Housing & Communities (formerly Ministry of Housing, Communities & Local Government): Local Government (2023)  – Local Government Pension Scheme (England and Wales): Next Steps on Investments - Government Response
23 November 2023
Department for Work and Pensions/HM Treasury: Trusts, Trusteeship and Scheme Governance (Trusteeship)  – Government Response to 'Pension Trustee Skills, Capability and Culture: A Call for Evidence'
Department for Work and Pensions: Investment (Options for DB Schemes)  – Options for Defined Benefit Schemes - Government Response
22 November 2023
HM Revenue & Customs: Tax Information and Impact Notes (TIINs) November 2023  – Abolition of the Lifetime Allowance (LTA)
Pendragon: Pensions Reference Materials  – Statistics and Other Information [stats] Link to 'Workplace pensions participation and savings trends: 2009 to 2022' added
21 November 2023
Barnett Waddingham: Current Issues in Pensions Financial Reporting  – 30 September 2023
Norton Rose Fulbright: Commentary November 2023  – UK Pensions Briefing: The General Data Protection Regulation: Five Years On
20 November 2023
2023 FTT (General Regulatory Chamber)Finishing Touches Cheltenham v TPR [Regulation - Fixed Penalty Notice - Automatic enrolment - Certificate of compliance - Duties delegated to accountant - Failure to file - Whether reasonable excuse]
2023 UTShah v TPR [The Pensions Regulator - Contribution Notice - Voluntary liquidation of plan sponsor - Whether directors liable for further contributions]
17 November 2023
2023 ChCohen v O'Leary [Insolvency - Bankruptcy - Whether fraud or fraudulent breach of trust - Whether retrospective order can be made - Whether need for information about pension rules - Foreign pension schemes - Requirement to provide information about a foreign scheme]
2023 ChTrafalgar Multi Asset Trading Company v Hadley [Investments - Fraudulent investments - Liability of directors of asset manager - Whether conspiracy - Criminal or unlawful investment activity]
15 November 2023
CAS-71055-X2X7  – Mr R [CAS-71055-X2X7 ] Determinations from July 2023 can be found under "The Pensions Ombudsman" in the Table of Documents.
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] Updated briefing paper: University Strike Action in the UK (CBP-9387)
Pendragon: Pensions Reference Materials  – Statistics and Other Information [stats] CPI and RPI figures updated together with inflation rates (Tables 17A and 17B)
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 15 November with 17 schemes added and 7 removed
14 November 2023
Allen & Overy LLP: What's New This Week 13 November 2023  – [TPR Speech on DC Decumulation - King's Speech: No Significant Pensions Announcements]
CAS-74469-D5N8  – Mrs R [CAS-74469-D5N8] Determinations from May 2023 can be found under "The Pensions Ombudsman" in the Table of Documents.
Firefighters' Pensions England Scheme Advisory Board: FPS Bulletins No 74  – FPS Bulletin 74 - October 2023 [fpsbull74]
13 November 2023
Linklaters: Pensions Case Law Autumn 2023  – Pensions Case Law - Update: Autumn 2023
Pensions Policy Institute: PPI Briefing Note Number 136  – What is the Role of Engagement in Pensions?
TLT LLP: SIPP and SSAS Round-up Autumn 2023  – SIPP and SSAS Round-up - Autumn Edition 2023
HM Treasury: Financial Market Infrastructure (FMI)  – Pension Fund Clearing Exemption: Call for Evidence
2023 KBHogan v Financial Ombudsman Service [Judicial review - Transfers - Whether transfer from defined benefit workplace scheme to self-invested personal pension was appropriate - Advice - Whether advice was appropriate - Ill-health pension]
10 November 2023
Burges Salmon: Burges Salmon Legal Update 25 October 2023  – How to Implement the McCloud Remedy: A Guide to Key Resources for LGPS Funds and Their Administrators
Norton Rose Fulbright: Commentary October 2023  – UK Pensions Briefing: The DWP's Independent Review of the Pensions Regulator
9 November 2023
XPS Pensions: XPS Insights October 2023  – PPF Slashes Levies Again to £100m But Warns They Will Not Go Lower
8 November 2023
XPS Pensions: XPS Insights October 2023  – Q4 2023 Outlook for Pension Scheme Trustees and Employers
7 November 2023
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] Updated briefing paper: State Pension Triple Lock (CBP-7812)
3 November 2023
The Pensions Regulator: Determination Notices 2023/24 8 August 2023  – Stuart James Garner - Determination Notice
The Pensions Regulator: Regulatory Intervention Reports October 2023  – Donington MC, Dominator 2012 and Commando 2012 Pension Schemes
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] Updated briefing paper: Pension FAQs: Occupational and Personal Pensions (CBP-9628)
2 November 2023
Department of Health and Social Care: Public Service Pensions (Consultations)  – NHS Pension Scheme: Member Contributions Phase 2 and Miscellaneous Amendments
1 November 2023
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 1 November with 3 schemes added and 13 removed
30 October 2023
26 October 2023
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) October 2023  – Pension Schemes Newsletter 153 - October 2023 [psn153]
2023 FTT (Tax)Morgan Lloyd Trustees v HMRC [Tax - Taxation - Unauthorised payment charges - Scheme sanction charges - Loans - Valuation]
24 October 2023
Local Government Pensions Committee: LGPC Bulletin 242  – LGPC Bulletin 242 - September 2023 [lgpcbull242]
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) October 2023  – Newsletter on the Public Service Pensions Remedy - October 2023
2023 ChBrass Trustees v Goldstone (re Biwater) [Plan sponsor - Trustee application to wind-up sponsor - 'Blessing application' - Whether breach of duty to 'act as ordinary, reasonable and prudent trustees might act' - Part VIII claim]
23 October 2023
Cabinet Office: Public Sector Transfer Club PSTC 8  – The Public Sector Transfer Club - Memorandum by the Cabinet Office
SR 2023/178 – The Firefighters' Pension Schemes (Amendment) Regulations (Northern Ireland) 2023 Amendments made by these Regulations are included in this update.
19 October 2023
18 October 2023
The Pensions Regulator: Regulatory Intervention Reports September 2023  – ExxonMobil Pension Plan
Pendragon: Pensions Reference Materials  – Statistics and Other Information [stats] CPI and RPI figures updated together with inflation rates (Tables 17A and 17B)
16 October 2023
Norton Rose Fulbright: Commentary September 2023  – UK Pensions Briefing: Pensions Issues for Lenders to UK Companies
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 16 October 2023 with 9 schemes added and 7 removed
13 October 2023
2023 ChBritish Broadcasting Corporation v BBC Pension Trust [Benefits - Future service - Defined benefits scheme - Whether trustees could reduce future service rights - Amendment powers - Proper purpose - Interpretation]
12 October 2023
The Pensions Regulator: Compliance and Enforcement Updates January-June 2023  – Compliance and Enforcement Bulletin January to June 2023
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] Updated briefing paper: Occupational Pension Increases (CBP-5656)
10 October 2023
2023 CAMcGaughey v Universities Superannuation Scheme [Derivative claim - Investments - Fossil fuels - Whether breach of fiduciary duty to fail to implement a plan to move away from investing in fossil fuels - Claim by members of the plan]
Income Tax (Earnings and Pensions) Act 2003 [itepa03] S 201 added after user request
9 October 2023
Perspective Tips [tips] New tip relating to archived news and surveys
6 October 2023
Firefighters' Pensions England Scheme Advisory Board: FPS Bulletins No 72  – FPS Bulletin 72 - August 2023 [fpsbull72]
SR 2023/149 – The Local Government Pension Scheme (Amendment No 2) Regulations (Northern Ireland) 2023 Amendments made by these Regulations are included this update
4 October 2023
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] Updated briefing paper: War Widows' Pensions (SN00568)
3 October 2023
Department for Work and Pensions: Taxation (General)  – The Occupational and Personal Pension Schemes (General Levy) Regulations Review 2023
2 October 2023
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 1 October 2023 with 16 schemes added, 6 removed and 1 amended.
28 September 2023
Department of Health and Social Care: Public Service Pensions (Consultations)  – McCloud Remedy Part 2: Proposed Changes to NHS Pension Scheme Regulations 2023 - Consultation Response
Department for Levelling Up, Housing & Communities (formerly Ministry of Housing, Communities & Local Government): Local Government (2023)  – 'McCloud' Remedy in the LGPS - Supplementary Issues and Scheme Regulations: Government Response
27 September 2023
25 September 2023
Department for Work and Pensions: Scheme Regulation (TPR/PPF)  – Independent Review of The Pensions Regulator (TPR)
22 September 2023
HM Revenue & Customs: Newsletters (Pension Schemes Newsletters) September 2023  – Managing Pension Schemes Service Newsletter - September 2023
2023 FTT (General Regulatory Chamber)My Warehouse v TPR [The Pensions Regulator - Fixed Penalty Notice - Compliance Notice - Auto-enrolment - Sanctions - Reasonable excuse - Re-declaration]
2023 FTT (General Regulatory Chamber)Pobl Bach v TPR [Auto-enrolment - Compliance Notice - Fixed Penalty Notice - Whether inappropriate or disproportionate]
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] GMP Equalisation (CBP-8427) updated
21 September 2023
2023 ChDavies v Novatrust [Overseas pension - Taxation - Grossing-up of benefits - Meaning of grossing-up - Whether beneficiary is required to provide income information to trustee]
20 September 2023
Pendragon: Pensions Reference Materials  – Statistics and Other Information [stats] CPI and RPI figures updated together with inflation rates (Tables 17A and 17B)
18 September 2023
The Pensions Regulator: Detailed Guidance: Funding and Investment  – Regulated Apportionment Arrangements (RAA)
SI 2023/986 – The Firefighters' Pension Schemes (England) (Amendment) Order 2023 Amendments made by this Order are included in this update.
15 September 2023
Pension Protection Fund: Consultation Documents and Responses September 2023  – Levy Rules 2024/25 - Consultation Document
UK Parliament: Parliamentary Briefing Papers  – Parliamentary Briefing Papers [parl briefing] Updated briefing paper: University Strike Action in the UK (CBP-9387)
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 15 September 2023 with 20 schemes added and 9 removed
14 September 2023
SI 2023/952 – The National Health Service Pension Schemes (Partial Retirement etc) (Amendment) Regulations 2023 Amendments made by these Regulations are included in this update.
13 September 2023
SI 2023/972 – The Local Government Pension Scheme (Amendment) (No 3) Regulations 2023 Amendments made by these Regulations are included in this update.
12 September 2023
11 September 2023
8 September 2023
SSI 2023/246 – The National Health Service Pension Schemes (Remediable Service) (Scotland) Regulations 2023 [nhs remediable (s)] Amendments made by these Regulations are included in this update.
1 September 2023
SSI 2023/240 – The Local Government Pension Scheme (Remediable Service) (Scotland) Regulations 2023 [lgps remediable (s)] Amendments made by these Regulations are included in this update
HM Revenue & Customs: ROPS  – Overseas Pensions: ROPS Notification List [rops] List dated 1 September 2023 with 16 schemes added and 2 removed
31 August 2023
30 August 2023
XPS Pensions: XPS Insights August 2023  – DWP and HM Treasury Call for Evidence on Pension Trustee Capabilities
29 August 2023
Allen & Overy LLP: What's New This Week 29 August 2023  – [TPR Updates Guidance with New DC Investment Requirements - PPF Publishes Climate Change Report]
25 August 2023
The Pensions Regulator: Codes of Practice No 13 (Second Issue)  – Governance and Administration of Occupational Trust-based Schemes Providing Money Purchase Benefits [tpr code 13] Introductory text preceding code updated on TPR website following changes to legislation
The Pensions Regulator: Detailed Guidance: Communications and Reporting  – Communicating and Reporting: DC Schemes Reporting section updated on TPR website following changes to legislation
The Pensions Regulator: Detailed Guidance: Funding and Investment  – DC Investment Governance Investment decisions and your statement of investment principles and Market developments updated on TPR website following changes to legislation
23 August 2023
SI 2023/912 – The Public Service Pension Schemes (Rectification of Unlawful Discrimination) (Tax) (No 2) Regulations 2023 Amendments made by these Regulations are included in this update
Pendragon
Perspective
Art of pensions
Wilmington