LGPS 'no boycotts' investment guidance deemed excessive

The UK’s Supreme Court has ruled that the Government exceeded its statutory remit when it warned Local Government Pension Scheme (LGPS) administering authorities not to use their investment powers in ways that were at odds with official foreign and defence policies.

Late A-day protection notifications: reasonable excuses & excessive delays

A scheme member who relied on an adviser to protect pre-6 April 2006 pension rights had a reasonable excuse for applying late, but tarried too long doing something about it. As a consequence, he was not entitled to the protection, and stands liable to pay substantial tax charges when the funds are crystallised.

RPI-to-CPI judgments

As if to prove that the world is still turning on its axis, despite any indications to the contrary, the courts have continued to produce rulings on the vagaries of pension scheme indexation rules.

Insolvency law changes might affect DB schemes

The Corporate Insolvency and Governance Bill 2019-21 aims to help businesses avoid insolvency during the current period of economic uncertainty.

HMRC updates May 2020

Pensions Schemes Newsletter 120 & Countdown Bulletin 53