More s251 clarification needed

clock

The Pensions Bill largely clarifies section 251 but could go further to address situations in which a scheme partially winds up, Mayer Brown says.

Pensions partner Jonathan Moody said section 20 of the Pensions Act shows that the government means to keep its promise – made late last year – to change s251 of the Pensions Act 2004 by extending ...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

PPF launches consultation on updated valuation assumptions

PPF launches consultation on updated valuation assumptions

Consultation comes amid developments in the bulk annuity market

Holly Roach
clock 28 July 2026 • 2 min read
Industry dissatisfied with current salary sacrifice reforms

Industry dissatisfied with current salary sacrifice reforms

SPP poll finds majority of pension professionals surveyed want to scrap changes

clock 28 July 2026 • 2 min read
TPR uses anti-avoidance powers to protect plumbing pension scheme members

TPR uses anti-avoidance powers to protect plumbing pension scheme members

TPR warns employers face regulatory action if they walk away from pension liabilities

Holly Roach
clock 28 July 2026 • 2 min read
Trustpilot