Tag archives: occupational pension schemes

UK Pensions: Are you sure you’re not a Professional Trustee?

By Sabrina English and Lesley Harrold on June 6, 2019 Posted in Europe, UK

If you are a pension scheme trustee, there is a risk that you might be considered a professional trustee without realising, and be subject to new standards for professional trustees that were published earlier this year. A new system of accreditation for professional trustees is also being introduced. Am I a professional trustee? A professional … Continue reading

UK Pensions Regulator: a new rule-making ability?

By Lesley Harrold on May 22, 2019 Posted in Europe, UK

On 16 May 2019, the Department for Work and Pensions (DWP) published a periodic, government-conducted review which examines the continuing need, efficiency and good governance of the Pensions Regulator (TPR). This tailored review was conducted between August and November 2018 and led by Jamey Johnson, the former Chief Officer for Pension Wise (which is now … Continue reading

BIC UK Ltd v Burgess [2019] – employer appeal successful: retrospective amendment re-wrote history to an impermissible extent

By Lesley Harrold on May 13, 2019 Posted in Europe, UK

BIC UK Ltd v Burgess [2019] – employer appeal successful: retrospective amendment re-wrote history to an impermissible extent The Court of Appeal (CA) has unanimously ruled that a retrospective amendment to the deed and rules of the BIC UK Pension Scheme (the Scheme) was invalid. Last year, the High Court had ruled that whilst the … Continue reading

Key employment law developments expected in 2017

By Jannis Breitschwerdt on February 9, 2017 Posted in Contracts, General, Germany

A significant amount of new employment legislation is expected or is already in place for 2017. Key changes will be in the hiring of temporary workers through an agency (referred to as “personnel leasing” in Germany), employee protection and equal treatment. Reform of laws regarding personnel leasing One of the main developments in 2017 will … Continue reading

Company pensions need to be adjusted to inflation

By Andreas Reuther on June 26, 2014 Posted in Europe, Germany

Under German law, employers are obliged to check regularly (at least every three years) whether benefit payments from company pensions ought to be adjusted for inflation. In their check they may consider the company’s economic situation. Employers are not obliged to increase pension payments if they believe (and such belief is reasonable with a sufficient … Continue reading

Pension reforms in the Netherlands

By Suzanne Kampijon on March 25, 2014 Posted in Europe, The Netherlands

If you are an employer currently offering your Dutch employees participation in a pension arrangement, then the below is a “must read”. In the Netherlands a legislative proposal is pending which may have an impact on the pension arrangements within your company. As of 1 January 2015 the following changes may come into force: For … Continue reading

Occupational pension schemes in Germany

By Annegret Müller-Mundt on September 20, 2013 Posted in Europe, Germany

Occupational pension schemes are becoming more and more popular as trust in the governmental pension scheme fades. Therefore, occupational pension schemes are an attractive benefit which companies can offer to employees in the ever stronger competition for a qualified work force. Besides, due to mandatory regulations entitling employees to demand employee funded occupational pension schemes, … Continue reading