Gov't Weighs New Pensions Reporting Rules For UK Trustees
By Martin Croucher (September 9, 2021, 12:10 PM BST) -- The government has said it wants pension plans trustees to inform the U.K.'s retirement savings watchdog about a wider range of circumstances or developments that could have an impact on the funding of schemes.
The Department for Work and Pensions launched a consultation on Wednesday on a range of new "notifiable events" that will require managers of retirement schemes to report to The Pensions Regulator. The additional reporting requirements form part of a package of measures, designed to help the regulator identify early threats to the long-term savings of employees.
"These draft regulations … equip The Pensions Regulator with powers to be sighted on specific...
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!