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
Sackers solicitor Nigel Cayless introduces this month's legal panel: In July 2007, the Deregulatory Review identified pension scheme disclosure as an area that may benefit from a principles-based approach.
The High Court ruling granting trustees ‘super priority' in obligations arising from a financial support direction against insolvent companies "desperately cries out for legislative intervention", lawyers say.
Members of the Work and Pensions Select Committee are going on a fact-finding mission to Brussels next week following the publication of the EU green paper on pensions.
DLA Piper partner Ben Miller introduces this month's legal panel: The Independent Public Service Pensions Commission's interim report prepared by Lord Hutton, which was issued in October 2010, states that defined benefit (DB) schemes raise substantial...
Defined benefit schemes are in danger of prejudicing their eligibility for the PPF by compromising their debts when they wind up, lawyers have warned.
Long promised disclosure regulations covering electronic communication will come into force on 1 December, a lawyer says.
The Pensions Regulator has issued guidance to trustees on potential employer related investment breaches.