We publish a number of informative and topical newsletters based around our service and business areas. It is important to us that we continually share ideas, information and best practice with our clients and contacts so everyone can benefit from news on new law, comment on topical events, and information on upcoming issues which will have a bearing on you and your business activities.
The content of these publications is for general information only and does not constitute advice on any specific matter. While every effort has been made to ensure the content of these publications is accurate and up to date, no representation or warranty, express or implied, is made as to their accuracy or completeness and they are not a substitute for legal advice. You should seek specific legal advice on any particular matter which is relevant to you. We will not be liable for any losses arising out of any reliance placed on any content of these publications by you, or any person informed of the contents.
The Department for Work and Pensions has issued a consultation on a proposed method for equalising the Guaranteed Minimum Pension (GMP) payable by occupational pension schemes. The unequal calculation of GMPs payable to men and to women has long been an issue faced by pension schemes. Our article considers whether the latest announcement takes us any further forward in the search for clarity on this issue. In December's pensions picture we commented on the delay to the auto-enrolment implementation timetable. The DWP has now issued the timetable and we comment on the detail.
This week the Pensions Minister has announced a delay in the implementation of the auto-enrolment obligations for small businesses. We consider his comments and the divided response they received.
This edition of pensions picture looks at the Court of Appeals decision to uphold the High Court's decision in the Lehman/Nortel case. It also asks can your defined benefit scheme identify its statutory employer?