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ARTICLE · 30 APRIL 2024

UK Public Service Pensions Update | April 2024

Osborne Clarke LLP
Osborne Clarke LLP
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Osborne Clarke LLP

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This month, we consider three developments relating to the McCloud remedy, the pensions dashboard "connect by" date that has now been confirmed for public service pension schemes and a range of other developments.

United KingdomEmployment and HR
Daragh McGinty
Daragh McGinty
Brent Wright
Brent Wright
Jennifer Alldridge
Jennifer Alldridge
Jo Taylor
Jo Taylor
Lee Colgate
Lee Colgate
David Goldsmith
David Goldsmith
Katy Marcus
Katy Marcus
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Welcome to the latest edition of the UK Public Service Pensions Update

This month, we consider three developments relating to the McCloud remedy, the pensions dashboard "connect by" date that has now been confirmed for public service pension schemes and a range of other developments.

If you would like to discuss any of the items in this newsletter, please contact one of the experts listed at the end.

The McCloud remedy | New HMRC guidance

HMRC's pension scheme newsletter 158 (for April 2024) contains guidance on the impact the abolition of the lifetime allowance has on how the McCloud remedy is implemented for a member. The guidance (or parts of it) are relevant to all public service pension schemes.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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