Pensions Bulletin

Topics covered in this bulletin:

New law

• Consultation on DB Consolidators: key points for DB trustees
• Age discrimination: Consultation on amending bridging pension exemption to reflect increasing SPAs
• Pensions Ombudsman consultation
• Fair Deal consultation on extension to cover LGPS
• Pensions cold calling regulations made

Tax

• Increase in lifetime allowance for 2019/20
  

Cases

• Validity of amendment to pension increase rule
• Supreme Court: Ill-health retirement terms were not “unfavourable treatment” of disabled part timer
• BA Trustee wins funding for appeal to Supreme Court
• Court of Appeal finds age discrimination in public sector transitional provisions

Points in practice

• DB transfers-out and restructuring exercises
• PPF Levy 2019/20: Final Determination published
• CMA investigation into investment consultants market – final report

The Watch List