Bridge Trustees Money Purchase Definition Case

The Trigon Snacks Pension Scheme, a hybrid arrangement which had been in Pension Protection Fund (PPF) assessment, has completed a buyout with Legal and General (L&G).

It's been four years since the end of the Bridge Trustees case and the legislation it prompted is now in effect. Pádraig Floyd looks at what schemes should do to ensure they are compliant.

Trustees affected by the changes to the definition of money purchase have until 31 March to update The Pensions Regulator (TPR) and submit their first valuation.

The Pension Protection Fund (PPF) has updated its guidance on valuations for schemes with insolvent sponsors.

The Pension Protection Fund (PPF) has called on pension trustees to assess whether the change in definition of money purchase benefits will impact their valuations.

The government has published amendments to the definition of money purchase benefits, which will take effect in early July.

The Department for Work and Pensions (DWP) has limited the retrospective scope of money purchase legislation, following the 2011 Bridge Trustees case.

Pensions minister Steve Webb responds to an open letter from Linklaters partner Tim Cox on the money purchase consultation.

Naomi Rainey looks at the practical implications of the DWP’s money purchase consultation

The Department for Work and Pensions (DWP) has launched a consultation into the statutory definition of money purchase benefits.