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ARTICLE · 19 MAY 2026

Pensions Disputes Quarterly - April 2026

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

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The Pension Schemes Act 2026 received royal assent on 29 April 2026.

GuernseyEmployment and HR

Recent developments

Pension Schemes Act passed The Pension Schemes Act 2026 received royal assent on 29 April 2026.

Sections 101-108, which came into force immediately, provide a mechanism for Virgin Media remediation, as discussed in previous editions of PDQ:

  • Trustees can in principle remediate historic amendments which might otherwise be void for lack of actuarial confirmation, by obtaining confirmation on a retrospective basis.
  • For an amendment to be remediated, the scheme actuary must confirm in writing that, in their opinion, "it is reasonable to conclude that [the amendment] would not have prevented the scheme from continuing to satisfy the statutory standard” (ie the "reference scheme test" under section 12A of the Pension Schemes Act 1993).

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