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Consultation on extending redundancy protection for new parents

Posted on Jan 31st, 2019 By

Categories: Discrimination, Employment contracts, Employment Status, Family friendly rights, Maternity Leave, Redundancy and business reorganisation, Redundancy payments

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Returning to work after maternity can be a daunting prospect for new mums, and it is important for them to feel that they will be valued and supported upon their return. Unfortunately, this is not the case for many women. With Brexit fast approaching, Theresa May is said to be "determined to do even more as we leave the EU", including by building on the current EU requirements on maternity and paternity leave protection.
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Consultation on extending redundancy protection for new parents

Supreme Court hears Barnardo’s RPI/CPI Appeal

Posted on Jun 26th, 2018 By

Categories: Employee benefits, Pay, benefits and bonuses, Pensions, Uncategorized

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Dentons' Reward team are advising the Representative Beneficiaries of the Barnardo's Staff Pension Scheme ("the Scheme") in an application to the Supreme Court to decide whether the Scheme rules permit a switch from RPI to CPI for revaluation or indexation of pension payments.
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Supreme Court hears Barnardo’s RPI/CPI Appeal

Pensions Regulator consults on master trust authorisation regime

Posted on Mar 29th, 2018 By

Categories: Pensions

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Master Trusts are a popular way for employers to meet their auto-enrolment obligations. They are basically pension schemes providing money purchase benefits to non-associated employers. The process for signing up is usually simple with standardised documents for new joiners, although they can need a brief legal check and explanation given that they are trust deeds so you should know what you're agreeing to. Master Trusts follow a 'pensions as a service' model, like a group personal pension, but are regulated as an occupational pension scheme rather than a personal pension as they are trust based.
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Pensions Regulator consults on master trust authorisation regime

Improving the Pensions Regulator– Increase Powers or Increase Resource?

Posted on Mar 29th, 2018 By

Categories: Employee benefits, Pay, benefits and bonuses, Pensions, Uncategorized

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Recent high profile insolvencies (e.g. Carillion and BHS) have seen widespread criticism of the Pensions Regulator ("TPR"). It stands charged with failure to use its intervention powers despite being aware of companies prioritising dividends over deficit recovery contributions, despite trustees urging it to intervene. By the time TPR took action it was too late.
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Improving the Pensions Regulator– Increase Powers or Increase Resource?