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ARTICLE · 12 FEBRUARY 2019

The Pensions Brief - January 2019

Mayer Brown
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The Pensions Regulator has published a statement on Brexit.

United KingdomEmployment and HR
Ian Wright
Ian Wright
Katherine Carter
Katherine Carter
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At a glance...

Issues affecting all schemes

  • LIFETIME ALLOWANCE
    New level set for 2019/20
  • AUTOMATIC ENROLMENT
    Earnings figures set for 2019/20
  • SINGLE FINANCIAL GUIDANCE BODY
    Launch of the new body

    RECORD-KEEPING

    Pensions Regulator guide to measuring scheme data

    DEATH BENEFITS

    Pensions Ombudsman determination on distribution of lump sum death benefits

Issues affecting DC schemes

  • BREXIT
    Pensions Regulator statement on the implications for pension schemes
  • GUARANTEED MINIMUM PENSIONS
    Annual GMP increase set for 2019/20
  • BRIDGING PENSIONS
    Consultation on changes to allow bridging pensions to be paid beyond age 65

Issues affecting DC schemes

VAT

Order putting the VAT exemption for DC fund management services on a statutory basis

  • Action required
  • Follow development and keep under review

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© Copyright 2019. The Mayer Brown Practices. All rights reserved.

This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

Visit us at mayerbrown.com

Mayer Brown is a global services provider comprising associated legal practices that are separate entities, including Mayer Brown LLP (Illinois, USA), Mayer Brown International LLP (England & Wales), Mayer Brown (a Hong Kong partnership) and Tauil & Chequer Advogados (a Brazilian law partnership) and non-legal service providers, which provide consultancy services (collectively, the “Mayer Brown Practices”). The Mayer Brown Practices are established in various jurisdictions and may be a legal person or a partnership. PK Wong & Nair LLC (“PKWN”) is the constituent Singapore law practice of our licensed joint law venture in Singapore, Mayer Brown PK Wong & Nair Pte. Ltd. Details of the individual Mayer Brown Practices and PKWN can be found in the Legal Notices section of our website. “Mayer Brown” and the Mayer Brown logo are the trademarks of Mayer Brown.

© Copyright 2024. The Mayer Brown Practices. All rights reserved.

This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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