DWP must keep up momentum

Sebastian Cheek says s251 extension confirmation is essential for trustees

clock

Trustees might have missed the deadline for notifying members and sponsoring employers about allowing future surplus payments to employers under section 251, lawyers warned this week.

Under current s251 legislation trustees must pass a resolution before 6 April this year allowing future surplus payments to the sponsoring employer – for which they must give three months’ notice t...

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

First Actuarial and Charities Pensions Club renew partnership

First Actuarial and Charities Pensions Club renew partnership

Partnership to focus on improving pensions skills in charity sector

Jasmine Urquhart
clock 27 January 2026 • 1 min read
Moving new public sector staff into DC could save billions, think tank says

Moving new public sector staff into DC could save billions, think tank says

Report suggests the move could save taxpayers £37.4bn a year in the long term

Holly Roach
clock 27 January 2026 • 2 min read
News Digest: Taxpayer could save billions from public sector pension reform

News Digest: Taxpayer could save billions from public sector pension reform

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 27 January 2026 • 1 min read
Trustpilot