We look at developments relating to employer covenant strength and scheme funding.  This includes issues such as contingent assets, corporate restructurings, financial distress and insolvency.

Pensions Hub

New DB funding code gets provisional September 2023 operational date

New DB funding code gets provisional September 2023 operational date

The Pensions Regulator has confirmed that it expects the long-awaited DB funding code to be operational from September 2023.

United Kingdom | Publication | June 30, 2022
Bank of England warns against counteracting regulatory capital requirements

Bank of England warns against counteracting regulatory capital requirements

The Bank of England has warned PRA-regulated firms not to structure deficit reduction transactions so as to “limit the regulatory capital impact that would otherwise result.”

United Kingdom | Publication | April 30, 2022
Contribution notice issued against former parent company

Contribution notice issued against former parent company

An overseas former parent company has been made liable to pay a contribution to a UK pension scheme, including a sum for lost investment returns and interest.

United Kingdom | Publication | April 30, 2022
PPF eyes up legislative change to levy rules

PPF eyes up legislative change to levy rules

The Pension Protection Fund (PPF) has said that it may ask for changes to pension laws to allow it to be more flexible in setting the levy.

United Kingdom | Publication | April 30, 2022
Pensions Regulator issues guidance on Ukraine conflict

Pensions Regulator issues guidance on Ukraine conflict

The Pensions Regulator has set out steps pension scheme trustees should take in response to the conflict in the Ukraine.

United Kingdom | Publication | March 02, 2022
UK Pensions Briefing: Revised Code of Practice on Contribution Notices clarifies the new tests for dividend payments

UK Pensions Briefing: Revised Code of Practice on Contribution Notices clarifies the new tests for dividend payments

The Pensions Regulator’s revised Code of Practice 12 came into force on November 25, 2021.

United Kingdom | Publication | December 07, 2021
TPR investigates DB schemes over funding concerns

TPR investigates DB schemes over funding concerns

Nicola Parish has written a blog citing concerns about weakening employer covenants in the wake of the pandemic and due to current M&A activity.

United Kingdom | Publication | December 01, 2021
UK Pensions Briefing: What the Pensions Regulator’s new powers mean for you: the top 10 things you should know

UK Pensions Briefing: What the Pensions Regulator’s new powers mean for you: the top 10 things you should know

This autumn is an important one for the pensions industry. October 1, 2021, saw controversial new powers for the Pensions Regulator come into force at last, including the power to bring criminal prosecutions for harmful behaviour in relation to defined benefit (DB) pension schemes.

United Kingdom | Publication | October 18, 2021
UK Pensions Briefing: Changes to the Pensions Regulator’s mandatory notifications regime

Changes to the Pensions Regulator’s mandatory notifications regime

The Department for Work and Pensions (DWP) is consulting on the detail of proposed changes to the Pensions Regulator’s mandatory “notifiable events” regime.

United Kingdom | Publication | September 22, 2021


Recent publications

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Essential Corporate News – Week ending 11 July 2025

On 1 July 2025, the Quoted Companies Alliance (QCA) published three new board committee guides to accompany the QCA Environmental and Social Guide published in December 2024.

United Kingdom | July 11, 2025

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Climate change litigation update

In the two years since our last climate litigation update, the prevalence and variety of global climate litigation around the world has continued to increase.

Australia | July 11, 2025

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LCIA releases latest statistics: What do they tell us?

The LCIA has recently released its annual Casework Report, which sets out various statistics regarding the use of LCIA Arbitration and other LCIA-administered ADR procedures in 2024.

United Kingdom | July 10, 2025

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