Business
In The Month In Pensions for June 2020, have we reached a tipping point for consolidation in the pensions industry? Is it time for superfunds and collective defined contribution? And, in a month with plenty of sobering economic news, what are the options for pension scheme trustees and employers in distress? Ian Chapman-Curry is joined by Christopher Stiles to discuss his latest Insights on the options that are available for those faced with difficult market conditions and what a new insolvency regime means for trustees of defined benefit occupational pension schemes. For the full text of Christopher's Insights, visit www.tinyurl.com/TMIP2006C and www.tinyurl.com/TMIP2006D Also covered in this month's edition are: - TPR updating its measures on helping pension schemes tackle COVID-19 challenges (see TPR's press release at www.tinyurl.com/TMIP2006A); - the Financial Conduct Authority's package of measures on defined benefit transfers and transfer advice (see the FCA's DB transfer webpage at www.tinyurl.com/TMIP2006B); and - TPR's new interim guidance regime for the emerging superfund pension market (visit www.tinyurl.com/TMIP2006E for our Insight on TPR's interim guidance). This episode finishes with a roundup of key developments in the world of pensions for July 2020. You can get in touch with Ian Chapman-Curry at www.tinyurl.com/GWLGICC. For more Insights, or to find out more about the pensions team at Gowling WLG, please visit www.gowlingwlg.com/pensions-uk. NOT LEGAL ADVICE Information made available as part of this update or on our website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.