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Clifford Chance

Clifford Chance


UK Pensions Update: October 2014

3 October 2014

Welcome to the October 2014 edition of the UK: Pensions Update.

In this edition we focus on the latest developments regarding the IORP II Directive and its impact on UK occupational pension schemes as it progresses through the EU legislative process.

In this edition we also cover:

  • the Government's proposed flexibility changes to defined contribution pension savings as well as providing an update on the Government's review of survivor benefits in occupational pension schemes; and
  • HMRC's updated guidance on the "fit and proper" person criteria in relation to pension liberation.

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