Publication
Essential Corporate News – Week ending 23 May 2025
The Companies and Limited Liability Partnerships (Annotation) Regulations 2025 and an accompanying Explanatory Memorandum were published on 14 May 2025.
DWP call for evidence on the challenge of deferred small pots
United Kingdom | Publication | February 2023
The DWP has issued a call for evidence to “deepen the evidence base around the scale and characteristics of the growth in the number of deferred small pots”. This problem has been recognised and discussed for many years with no solution being proffered. The paper is focussed on two large-scale automated consolidation solutions:
- A default consolidator model where pots would transfer automatically, although members would be able to opt-out.
- A pot follows member model where a member’s pot would automatically follow them to their new employer’s scheme where they changed job.
The deadline for responses is March 27, 2023.
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Email
lesley.browning@nortonrosefulbright.com
Recent publications
Blog
Surplus to requirements? Why the Government wants more law on returning surplus
In this our latest blog on Mansion House reforms, we turn from DC to DB, and more specifically to those record surpluses that many schemes are now enjoying.
Publication
UK Pensions Briefing | Pensions Regulator publishes its first Annual Funding Statement under the new funding code
The Regulator’s annual funding statement for private sector DB schemes was published on April 29, 2025. It is the first such statement since the new DB funding regime came into force from September 22, 2024, onwards.
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