Month: December 2019

In the news this week, the ECJ rules on pension benefits in the event of employer insolvency, the PPF confirms its 2020/21 levy estimate and launches a consultation on insolvency risk, there is no change to the Government’s pension posts nor to its Pension Schemes Bill, Equitable Life gains final approval for its business transfer, the FCA increases duties for IGCs and more de-risking transactions are announced.

In the news this week, Frank Field loses his seat and so will no longer chair the Work and Pensions Committee, we anticipate the return of the Pension Schemes Bill, the CMA’s rules come into force, Mothercare restructures its business and DB liabilities, whilst the ONS releases data on private pension wealth.

In the news this week, French workers strike over pension reforms whilst Unilever proposes changes to its UK pension benefits.