The Pensions Regulator has issued a Statement setting out his interpretation of the implications of the recent changes to pension legislation arising from IORP II.
The Statement also outlines the Authority’s priorities for the coming year and the key opportunities for and obligations on Trustees that arise from these legislative changes.
Download the full Statement here:
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Corporate change can often occur unexpectedly or quickly. For those sponsoring or managing pension schemes, the implications can be significant. DB pension liabilities and future DC pension arrangements, along with associated employee benefits, are a key consideration in any commercial transaction today.