Clifford Chance
UK: Pensions Update - March 2018
28 March 2018
Welcome to the March 2018 edition of the UK: Pensions Update.
In this edition we focus on the Government's pensions White Paper published last week and recently published consultation responses and new regulations covering: (i) bulk transfers of contracted-out rights: (ii) bulk DC to DC transfers without-consent; (iii) new cost disclosure requirements for DC trustees; and (iv) the master trust authorisation framework.
In this edition we also cover:
- A reminder of the new data protection requirements and recommended actions to take before 25 May;
- The new deferred debt arrangement for managing employer debts in multi-employer DB schemes;
- The High Court's judgment in the BT RPI/CPI case;
- The new EU Benchmarks Regulation and what it means for trustees;
- The Government's response to the Taylor Review of Modern Working Practices;
- The Government's interim response on social investment;
- The DWP's auto-enrolment review; and
- Other pensions news in brief.
