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When a marriage breaks down and parties divorce, it's important not to overlook the sharing of pensions, which can often be a significant asset to the parties in..
Credit: Mondaq - Published 2 days ago

Private equity, the most challenging illiquid assets class for DC pensions to access, but the most impactful...
Credit: Mondaq - Published 3 days ago

The 4% Dearness Allowance (DA) hike benefits central government employees and retirees by increasing several allowances, leading to higher salaries and bigger..
Credit: IndiaTimes - Published 3 days ago

There is a statutory requirement for the largest schemes to publish climate change governance reports and the Regulator has published...
Credit: Mondaq - Published 3 days ago

The Pensions Regulator's general code of practice came into force on 28 March 2024. It replaces ten of the Regulator's 16 codes of practice.
Credit: Mondaq - Published 4 days ago

Considering options to provide future defined benefit (DB) pension accrual under your long-term plan can help you take advantage of favourable insurer pricing.
Credit: Mondaq - Published 6 days ago

For individuals applying under Appendix FM to enter or remain in the UK on the basis of their family life as the spouse or partner of a British citizen or..
Credit: Mondaq - Published 1 week ago

The Pensions Regulator's General Code introduces new requirements for pension scheme risk management. Other sectors have been on similar journeys and pension..
Credit: Mondaq - Published 1 week ago

The claimant was dismissed for posting a racist joke on his employer's intranet in breach of the employer's clear policies on equality, diversity and inclusion..
Credit: Mondaq - Published 1 week ago

The Pensions Regulator (TPR) has published its latest review of pension scheme TCFD reports. This sets out TPR's observations, feedback and suggested..
Credit: Mondaq - Published 2 weeks ago

The Pensions Regulator's General Code of Practice (the Code) took effect on 28 March 2024.
Credit: Mondaq - Published 3 weeks ago

The General Code came into force on 28 March 2024 and the ten codes that it replaces have been revoked. For more information on the Code, please see our legal..
Credit: Mondaq - Published 3 weeks ago

The Malta Retirement Programme (MRP) and the United Nations Pensions Programme (UNPP) in Malta are two distinct initiatives aimed at attracting foreign retirees..
Credit: Mondaq - Published 3 weeks ago

Bhanwar Lal's family with disabled members voted from home in Sarothiya village under Sujangarh assembly. They rely on farming and disability pensions, supported..
Credit: IndiaTimes - Published 3 weeks ago

The new tax year is swiftly approaching, along with new statutory rates, limits and changes to employment law in England and Wales that HR practitioners should..
Credit: Mondaq - Published 3 weeks ago

The government has published statutory guidance setting out the staged timetable for connection to the pensions dashboards ecosystem.
Credit: Mondaq - Published 3 weeks ago

The lifetime allowance (LTA) disappears from the pensions tax regime within a matter of days (on 6 April 2024). The annual allowance control remains and new..
Credit: Mondaq - Published on April 10, 2024

Congress commits to rectifying defense issues, including China border status, Agnipath, OROP, soldiers' pensions. Pledges to boost defense spending, establish..
Credit: IndiaTimes - Published on April 6, 2024

The Congress party's manifesto focuses on expanding constitutional provisions, increasing pensions, promoting accessible communication and learning, establishing..
Credit: IndiaTimes - Published on April 5, 2024

The Pensions Regulator's General Code of Practice (the Code) took effect on 28 March 2024.
Credit: Mondaq - Published on April 3, 2024

On March 12, 2024, the Chief Executive of the Regulator, Nausicaa Delfas, delivered a speech on the changes to the pensions sector and how the Regulator is..
Credit: Mondaq - Published on April 2, 2024

Under the Occupational Pension Schemes (Administration, Investment, Charges and Governance) (Amendment) Regulations 2021, which came into force in October..
Credit: Mondaq - Published on April 2, 2024

The Pensions Regulator's General Code has arrived and will apply from March 27, 2024. In this briefing, we take a step back from the detail.
Credit: Mondaq - Published on March 27, 2024

On February 21, 2024, the Regulator published a blog encouraging trustees to take stock and plan for wider ESG risks and opportunities...
Credit: Mondaq - Published on March 21, 2024

The Government has laid for Parliament's approval the long-awaited DB funding and investment regulations.
Credit: Mondaq - Published on March 19, 2024

On 5 March 2024, The Pensions Regulator (TPR) published its consultation on the statement of strategy that defined benefit (DB) schemes will be required to..
Credit: Mondaq - Published on March 14, 2024

The Pensions Ombudsman has upheld a complaint by a member trustee of a small self-administered pension scheme (SSAS) against Rowanmoor Trustees Limited (RTL).
Credit: Mondaq - Published on March 8, 2024

On February 7, 2024, the Work and Pensions Committee of the House of Commons published a lengthy report submitted by the Regulator on the impact...
Credit: Mondaq - Published on March 8, 2024

The Pensions and Lifetime Savings Association (PLSA) has published its Stewardship & Voting Guidelines 2024, which set out the PLSA's views and voting..
Credit: Mondaq - Published on March 4, 2024

After a long wait, the final version of the Occupational Pension Schemes (Funding and Investment Strategy and Amendment) Regulations 2024...
Credit: Mondaq - Published on March 1, 2024

The EPFO has implemented a digital process for submitting joint requests to contribute beyond the statutory limit under the EPF Scheme, 1952, to save time and..
Credit: IndiaTimes - Published on February 28, 2024

South Korea set a new record for the world's lowest fertility rate as the impact of the nation's aging demographics looms large. The lack of babies is speeding..
Credit: IndiaTimes - Published on February 28, 2024

A welcome addition to the Pensions Regulator's General Code, published on 10 January 2024, is the introduction of high-level diversity and inclusion expectations..
Credit: Mondaq - Published on February 28, 2024

Aligned with Prime Minister Narendra Modis vision of Atmanirbhar Bharat and commemorating the 10th anniversary of the *Make in India* initiative, Indias..
Credit: NewsVoir - Published on February 27, 2024

The Pensions (Special Rules for End of Life) Bill 2023-24 is a Private Members' Bill, which was presented to Parliament through the ballot procedure by Laurence..
Credit: Mondaq - Published on February 22, 2024

The Pensions Regulator's new general (formerly ‘Single') code of practice (the ‘Code') was published on 10 January, and is expected to come into force with..
Credit: Mondaq - Published on February 20, 2024

The DWP has completed its Automatic enrolment: review of the earnings trigger and qualifying earnings band for 2024-25.
Credit: Mondaq - Published on February 20, 2024

The Comptroller and Auditor General's report exposed the payment of Rs 535 crore in Aasara pensions to ineligible beneficiaries in Telangana. Irregularities..
Credit: IndiaTimes - Published on February 16, 2024

Breakthroughs in Artificial Intelligence will lead to change in every industry. In this article, Adam Boyes contemplates how the use of AI could play out in the..
Credit: Mondaq - Published on February 15, 2024

The farmers' demands encompass a legal guarantee for minimum support price (MSP), implementation of the Swaminathan Commission's recommendations, pensions for..
Credit: IndiaTimes - Published on February 13, 2024

On 20 December 2023, the Outcome of the Review of the Occupations Lists for Employment Permits was published which made several important recommendations.
Credit: Mondaq - Published on February 12, 2024

The farmers are demanding justice for victims of the Lakhimpur Kheri violence. Union ministers will hold talks with farmer leaders in Chandigarh to discuss this..
Credit: IndiaTimes - Published on February 12, 2024

The draft Guaranteed Minimum Pensions Increase Order 2024 has been laid before Parliament, specifying 3 per cent as the amount by which GMPs attributable to..
Credit: Mondaq - Published on February 7, 2024

On January 10, 2024, the Regulator confirmed that its long-awaited new General Code had been finalised and laid before Parliament. It should come into force on..
Credit: Mondaq - Published on February 7, 2024

The Pensions Dashboards Programme has published a blog in which it confirms its continued collaboration with DWP, regulators and industry across a range of areas..
Credit: Mondaq - Published on February 7, 2024

The Regulator has updated the questions in the DB and hybrid scheme return for defined benefit and hybrid pension schemes
Credit: Mondaq - Published on February 7, 2024

A reminder for all the trustees of occupational pension schemes – don't forget that your Annual Compliance Statement ("ACS") for 2023 needs to be completed and..
Credit: Mondaq - Published on February 2, 2024

Round-up of recent developments in UK pensions. HMRC has published Newsletter 155, in which it identifies legislative provisions that it intends to amend to..
Credit: Mondaq - Published on February 2, 2024

EPFO has released a detailed guidelines on the pension situation where an EPS member has multiple accounts. 
Credit: Zee News - Published on February 2, 2024

The Pensions Regulator has published guidance for trustees regarding investment in private markets. This guidance follows on from the Government's Mansion House..
Credit: Mondaq - Published on February 1, 2024

The growth rate of the combined revenue receipts of the 16 largest states has fallen by almost 80 per cent to 5 per cent during April-November from the budgeted..
Credit: IndiaTimes - Published on January 28, 2024

Updates to the tax exemption applicable on pension income derived by an individual and to the maximum tax rebates on pensions which may be availed of.
Credit: Mondaq - Published on January 24, 2024

S.L. 123.204 entitled "Pensions (Tax Exemption) Rules" was introduced to gradually exempt pension income over a five-year period starting in 2022 by exempting..
Credit: Mondaq - Published on January 22, 2024

On January 1, 2024, commencement regulations brought the Pensions Dashboards (Prohibition of Indemnification) Act 2023 into force.
Credit: Mondaq - Published on January 18, 2024

Large groups of the 1.4 billion people living in the world's second-largest economy will exit the labour pool and age past a prime period of their lives for..
Credit: IndiaTimes - Published on January 18, 2024

Following the recent decision of the Court of Appeal in The Pensions Ombudsman v CMG Pension Trustees Ltd & Anor, the Ombudsman stated that it was "disappointed..
Credit: Mondaq - Published on January 17, 2024

The family court has a wide discretion to make various orders on divorce, including for the sale and transfer of property, transfer of pensions and maintenance..
Credit: Mondaq - Published on January 11, 2024

The Pensions Brief is a monthly update for trustees and employers of occupational pension schemes in the UK.
Credit: Mondaq - Published on January 10, 2024

The pensions regulator has requested increased tax breaks on employer contributions to employees' pensions, aiming to align it with the tax treatment of employer..
Credit: IndiaTimes - Published on January 5, 2024

Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy distributed enhanced YSR Pension Kanuka of Rs 3,000 per month to eligible people. The Andhra Pradesh Cabinet..
Credit: IndiaTimes - Published on January 3, 2024

Jharkhand CM Hemant Soren announced plans to lower the age limit for old-age pensions from 60 to 50 for SCs, STs, and OBCs. The state currently provides a..
Credit: IndiaTimes - Published on December 29, 2023

The Ministry of Personnel, Public Grievances, and Pensions in the Department of Personnel and Training (DoPT) has made changes to the Leave Travel Concession..
Credit: IndiaTimes - Published on December 29, 2023

The Pensions Administration Standards Association has published the first release in its new series of guidance defining what it means for a scheme to be..
Credit: Mondaq - Published on December 27, 2023

On November 20, 2023, the Work and Pensions Committee published the Government's response to its report on DB pension schemes with liability driven investments..
Credit: Mondaq - Published on December 27, 2023

The legislation remains broadly as set out in HMRC's consultation on the draft legislation. From 6 April 2024 the concept of the LTA will be removed...
Credit: Mondaq - Published on December 19, 2023

On October 19, 2023, the UK government's Taskforce on Social Factors (Taskforce) launched a consultation to produce guidance on how pension funds can consider...
Credit: Mondaq - Published on December 18, 2023

The ministry of personnel, public grievances and pensions has stated that the matter of special menstrual leave for women government employees is a..
Credit: IndiaTimes - Published on December 11, 2023

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