McCloud bill begins parliamentary journey

Bill will remedy discrimination against younger members following McCloud judgment

clock • 1 min read
HM Treasury confirmed changes earlier this year
Image:

HM Treasury confirmed changes earlier this year

The Public Service Pensions and Judicial Offices Bill, which will allow the implementation of the McCloud remedy, was announced in the House of Lords on Monday (19 July).

The bill was introduced by Conservative peer Viscount Younger of Leckie in its first reading, after being announced in the Queen's Speech in May this year. The second reading - a general debate ...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions member?

Login

More on Industry

Warning of early pension access implications

Warning of early pension access implications

Research found 13% of savers have accessed pension savings earlier than planned

Holly Roach
clock 10 August 2022 • 2 min read
Turner: "If professional trustees are simply shaking their heads and advocating sole trusteeship, they are not doing their job."

AMNT: 'Serious consequence' of relying on sole trustees

AMNT said schemes relying on sole trustees are ‘weakening protection for members’

Holly Roach
clock 10 August 2022 • 2 min read
Ball: "Everybody’s understanding is that we are not going to see massive changes to the code that the regulator published in draft."

A trustee checklist for...the single code of practice

Trustees have a lot to consider ahead of implementation, Martin Richmond writes

Martin Richmond
clock 09 August 2022 • 8 min read
Trustpilot