Employment and pensions
UK Pensions Action Plan Q4 2024
Published on 1st Aug 2024
What pensions law changes and proposals do employers and trustees need to respond to and look out for?
The Action Plan Q4 2024 is a summary of changes and proposals in UK pensions law and regulation over the last quarter, which employers and trustees need to respond to now or in the coming months. It also includes details of things to look out for.
Topics addressed in this edition include:
- The latest news on pensions dashboards as key “connect by” dates draw nearer.
- The new defined benefit funding regime.
- Two important Court of Appeal decisions.
- Corporate transparency changes affecting all trustee companies, including independent professional trustee companies.
- Overpayment of benefits and changes you can make to reduce the chance of a member being able to resist recovery.
- Changes to the Pensions Ombudsman service and the way you signpost members to it.
- The new government's pensions review.
- Plans for a Pension Schemes Bill and other bills that will affect pension schemes.
- Changes to the UK Stewardship Code.
- Immediate action needed to prepare for this year's defined contribution scheme returns.
To receive your copy of the Action Plan, please ask your usual Osborne Clarke contact.
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