Pensions Watchdog To Weigh Virus Impact In Funding Change

Law360, London (January 14, 2021, 3:41 PM GMT) -- The U.K.'s pensions watchdog said on Thursday that it will reconsider its planned overhaul of funding rules for retirement schemes against the wider backdrop of economic disruption brought about by the COVID-19 crisis and Brexit.

The Pensions Regulator said that it had received overall support from the industry following a consultation last year to proposed changes to the defined benefit funding code. But concerns remain, the watchdog said 

Under the changes, the regulator is proposing a "fast track" route for pension plans whose funding plans met certain criteria, which have yet to be set  out. In return, schemes were promised minimal regulatory...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!