CMS Pensions LawCast

In this episode Pete Coyne and India Trusselle are joined by Celia Monteiro from Legal & General to discuss GMP equalisation and bulk annuity transactions. 

In particular, the group looks at: 

• Introduction to GMP equalisation
• Choice of methodology
• Timing for approach to the market
• Residual risks cover
• Key takeaways

To find out more about our Pensions team or this podcast, head to cms.law.    

In this episode Mark Jenkins, Amina Mahmood and Rebecca Carter are joined by Joanna Price from Willis Towers Watson to discuss Overpayments. 

In particular, the group looks at:

• Legal position of overpayments 
• Tax position of overpayments 
• Defences to recovery of an overpayment
• Overpayments relating to transfer values
• The ‘insider’ view

 To find out more about our Pensions team or this podcast, head to cms.law.    

In this episode Alistair Hill, Chris Ransom and Doyin Olugbemiga discuss death benefits. 

In particular, the group looks at:

• Basic principles of decision making
• Top five tips for Trustees in discretionary death cases:
• Identify all potential beneficiaries
• Make reasonable enquiries
• Properly manage potential beneficiaries’ expectations
• Consider the Pensions Ombudsman
• Keep adequate record of the decisions taken

To find out more about our Pensions team or this podcast, head to cms.law.    

In this episode Pete Coyne, Alexander Waters and Alexandra Bradley are joined by Mark Radley from Technology & Administration Solutions, Willis Towers Watson to discuss Pension Scams.

In particular, the group looks at:

• New legislative provisions in the Pension Schemes Act 2021;
• Updated guidance from the Pension Scam Industry Group; and
• Signing up to the Pension Regulator’s Pledge.

To find out more about our Pensions team or this podcast, head to cms.law.    

In this episode Kate Richards, Simon Evans and Heather Lucas provide an update on the Pension Schemes Act 2021. 

In particular, the group looks at:

• Introduction to the new criminal offences;
• Aim of prosecution;
• Relationship with Contribution Notices and Material Detriment test;
• Secondary liability;
• Defences; and
• When to seek legal advice.

To find out more about our Pensions team or this podcast, head to cms.law.    

In this episode Maria Rodia, Kirsty Macdonald and Claire Miller provide an update on GMP equalisation. 

In particular, the group looks at:

• Background to GMPs and the Lloyds judgments;
• Methodologies for GMP equality;
• Issues to consider when implementing GMP equality; and 
• Past transfers out.

To find out more about our Pensions team or this podcast, head to cms.law.    

In this episode Jae Fassam, Sharon Piert and Alex Nicklin provide an update on ESG. This is the final episode in our ESG series. 

In particular, the group looks at:

• Trustee duties and non-financial factors
• Risk of challenge
• PCRIG Guidance
• Stewardship
• Impact of ESG on employer covenant

To find out more about our Pensions team or this podcast, head to cms.law.    

In this episode Keith Webster and Thibault Jeakings are joined by Chintan Gandhi from Aon to discuss Collective Defined Contribution. In particular, the group looks at:

• What is collective DC?
• Potential issues
• Authorisation
• The road ahead 

To find out more about our Pensions team or this podcast, head to cms.law.    

In this episode Jae Fassam, Laura Houët and Tasmin Patel provide an update on ESG. This is the first episode in our ESG series. In particular, the group looks at:

• What is ESG investing, and why does it matter? 
• Recent developments 
• Issues for trustees: DWP Consultation “Taking action on climate risk: improving governance and reporting by occupational pension schemes”
• Scope
• Penalties for non-compliance 
• Proposals 
• Issues for asset managers: Q&A session 
• What else is in the pipeline? 

To find out more about our Pensions team or this podcast, head to cms.law.

In this episode Caroline Kurup and Chris Ransom provide an update on Master Trusts. This is the final episode in our Master Trust series. In particular, the group looks at:

• Legal developments on the horizon;
• How to address the small pots problem;
• Changes to the general levy coming to master trusts;
• Government response to the review of the default fund charge cap; and 
• What is best practice for a DC master trust? 

To find out more about our Pensions team or this podcast, head to cms.law.