Taylor Wessing

Pension administrators could face increased costs to comply with higher data standards imposed by Europe, say lawyers and providers.

PP looks at the impact of reduced allowances for members who access their pots

Employers are reluctant to communicate the Budget changes to employees ahead of April due to concerns an incoming government will tinker with pensions legislation.

Employers are downgrading their pensions offering on the back of auto-enrolment (AE) in order to "hoodwink" employees into thinking it is part of the legislation, lawyers claim.

Trustees should not take their statutory discharge for granted if errors and bad data exist during buyouts and transfer value exercises, lawyers warn.

Schemes and administrators should take extra care with data as the Information Commissioner's Office "beefs up" with extra powers from the European Union, lawyers warn.

Lawyers and trustees acting to retrieve £52m removed from nine pension funds during the GP Noble fraud have got back 85% of the missing cash.

Tony Morris and his associate Peter Malmstrom have been cleared of taking part in the £52m GP Noble pension scheme fraud.

Law firm Taylor Wessing has hired Rosalind Connor as part of an expansion of its pensions team.