Clifford Chance
UK: Pensions Update – December 2020
18 December 2020
Welcome to the December 2020 edition of the UK: Pensions Update.
In this edition we touch on the outcome of the recent GMP equalisation decision in the Lloyds case and its impact on schemes, in addition to the recent consultations from the DWP and PPF on changes to both the General Levy and the PPF levy.
In this edition we also cover the following topics:
- Progress of the Pension Schemes Bill 2019-21;
- CJEU's United Biscuits judgment;
- Mandatory climate-related disclosure requirements;
- TPR's additional superfund guidance;
- Encouragement on member engagement with Pension Wise;
- Receipt of personal data from the EU;
- ESMA's second report on pension scheme clearing solutions;
- CMA compliance statement submissions;
- The Government's response to consultation on retained EU case law;
- PAC & Rothesay insurance business transfer appeal; and
- What's on the horizon for pensions.
