All Hogan Lovells articles – Page 4
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News
Schemes delay mergers over tax risk concerns
Schemes are thinking twice about undertaking bulk transfers of benefits to avoid the risk of passing on individual tax charges to members as they await final official rules.
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News
Micro scheme membership slumps as market consolidates
Data analysis: The total membership of small schemes with between two and 11 members has fallen by two-thirds over recent years as the market consolidates and auto-enrolment beds in.
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News
United Utilities: charge cap could shield members
United Utilities' pension manager has voiced support for a cap on fees as it would protect default fund members from the decisions of their smaller and potentially less well-informed employers.
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News
Kodak deal captures new age of sponsor-scheme creativity
News analysis: Purchasing assets from insolvent sponsors could become more common for schemes looking to secure member benefits, according to lawyers working on the Kodak case.
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Features
Police scheme ill-health fine shows cost of delays
An ombudsman fine concerning the Police Pension Scheme has highlighted the risk of misunderstanding who has the responsibility for ill-health awards and early retirement, finds Pippa Stephens.
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Features
Molins’ controversial plan to close DB scheme revealed
The FTSE-listed tobacco specialist has announced proposals to make staff chose between a new defined contribution plan or face dismissal in order to reduce its long-term liabilities.
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Features
Pennon: Separate DB/DC cash to reduce admin risk
As the regulator toughens its demands on hybrid scheme governance, Ian Smith analyses how schemes including Pennon are managing their administration risk through clear separation of defined benefit (DB) and defined contribution (DC) funds.
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Features
Local government schemes respond to AE safeguards
Norfolk Pension Fund has issued each of its employers with a guide to complying with new auto-enrolment legislation to ensure members are not induced to leave the scheme.
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Features
Schemes called to engage sponsors over s75 debt
With the government set to work more flexibility into section 75 debt obligations, schemes have been urged to monitor how sponsors take advantage of legislative relaxations.
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