A key amendment to the Pensions Bill has restricted the "core definition" of money purchase benefits, a lawyer says.
The government added the amendment to change pension legislation following the Supreme Court ruling in the Houldsworth v Bridge Trustees, released earlier this year. The amendment inserts a new ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
