Tag archives: pensions

UK Pensions – is the current annual allowance limit unfair and unworkable?

Lesley HarroldLesley BrowningBy Lesley Harrold and Lesley Browning on Posted in UK
UK Pensions – is the current annual allowance limit unfair and unworkable?  The Revenue has been forced, finally, to face up to the fact that the annual allowance changes in relation to pensions contributions which attract tax relief, and which were brought into force in April 2016, are unfair and unworkable. The Treasury announced on … Continue reading

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

Sabrina EnglishLesley HarroldBy Sabrina English and Lesley Harrold on 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: Does an employer have a duty to advise a dying employee on the implications of taking ill-health benefits early?

Lesley HarroldBy Lesley Harrold on Posted in Europe, General, UK
The smooth operation of a pension scheme depends on an efficient flow of information between the employer and the member. Frequently, the Pensions Ombudsman is asked to consider scheme trustees’ and employers’ duties on providing benefit information to members. Where the law is silent, this can be a tricky area to navigate and considerable uncertainty … Continue reading

Bilanzsteuerrechtliche Risiken bei älteren Betriebsrentensystemen

Claudia PosluschnyFrank WeberndörferBy Claudia Posluschny and Frank Weberndörfer on Posted in Europe, Germany
Ältere Versorgungsordnungen nehmen hinsichtlich des Anspruchsbeginns häufig nicht ausdrücklich auf die aktuelle gesetzliche Regelaltersgrenze Bezug, sondern verweisen nach wie vor auf die starre Altersgrenze von 65 Jahren. Gleichwohl erbringen die meisten Unternehmen in der Praxis erst ab dem gesetzlichen Regelrentenalter Versorgungsleistungen und bilden auch ihre Rückstellungen entsprechend. Fallen folglich Schriftform und Rückstellungen auseinander, so kann … Continue reading

Limited Liability Partnerships members’status as workers

Amanda Sanders (UK)By Amanda Sanders (UK) on Posted in Europe, General, UK, Whistleblowing
This post was co-written by Lesley Harrold,  Senior Knowledge Lawyer (Pensions), Norton Rose Fulbright LLP (London) Employment Status Since its introduction in 2000 the limited liability partnership (“LLP”) has become a popular corporate vehicle for professional services providers in the UK, especially legal and accountancy firms, many of which have converted from traditional partnerships to … Continue reading
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