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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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.