Sackers

Poor understanding of DC issues is a key problem for members. Chirag Ghelani of Sackers looks at trustees' obligations to help, and what they can do to support informed decisions

Members of Prudential's defined benefit scheme had their challenge over the legality of discretionary benefit increases heard in the High Court over the past few weeks.

Jenna Towler on why the DWP must get it right over s75

Government is set to overhaul section 75 debt regulations this autumn by introducing ‘group guarantees' as an alternative to the payment of employer debt, PP has learned.

The design of some occupational pension funds will be affected by the abolition of the default retirement age despite government promises schemes would not be affected, experts warn.

Some trustees risk their members being entitled to benefits based on uncapped salary when old Inland Revenue limits fall away after April 5, lawyers warn.

The legalisation of pre-nuptial agreements could make pensions on divorce more complex by putting limits on sharing orders, a lawyer warns.

Allowing members to pay the annual allowance charge from their pension pot could be "chaos" without clear guidance on the process, Sackers says.

Trustees might have run out of time to notify members and sponsoring employers of allowing future surplus payments to employers under section 251, lawyers say.

Sebastian Cheek says s251 extension confirmation is essential for trustees