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New pensions criminal offences and additional powers for the Pensions Regulator to issue contribution notices, came into force as part of the Pension Schemes Act 2021 on 1 October 2021. These are likely to influence how corporates and other parties approach transactions, given the new early notice required to be issued to trustees of defined benefit pension schemes and the Pensions Regulator.
The webinar also included a case study in which we covered how a transaction will now have to be conducted and ways to mitigate your risks of being exposed to either a criminal or civil offence or a contribution and/or financial support notice. Catch up on demand.
Senior Partner Bristol
Legal Director Bristol